A System of Internal Control Cannot Be Considered Good Until

question 71

True/False

A system of internal control cannot be considered good until the possibility of human error has been completely eliminated.

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Definitions:

Self-Serving Bias

The tendency to attribute positive outcomes to internal factors and negative outcomes to external factors, thereby protecting self-esteem.

Ethnocentric Intergroup Attribution

The tendency to attribute positive behaviors and successes to one's own group's inherent qualities while attributing negatives to external factors.

Universal Stereotype

Stereotypes that are held widely across different cultures or societies, often based on generalized beliefs about certain groups.

Social Representations

Shared beliefs, ideas, and values that are constructed by societies or groups and influence cognition and social identity.