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Small Companies Cannot Have Internal Controls Since They Do Not

question 114

True/False

Small companies cannot have internal controls since they do not have enough employees to segregate duties.


Definitions:

Trusting

The attitude or disposition to believe in the reliability, truth, ability, or strength of someone or something.

Parenting Styles

Different approaches to raising children characterized by various combinations of responsiveness and demandingness.

Responsiveness

The quality of reacting quickly and positively, especially to stimuli or treatment.

Demandingness

The degree of strictness or expectation imposed by a task or individual.

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