The Most Cost-Effective Type of Internal Control Is

question 137

Multiple Choice

The most cost-effective type of internal control is

• A)preventive control
• B)accounting control
• C)detective control
• D)corrective control

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Definitions:

Organizational Politics

The use of power and social networking within an organization to achieve changes that benefit the organization or individuals within it.

Autocratic Decision

A decision-making process where the leader makes decisions unilaterally without input from others.

Consultation

A professional advice process that involves seeking expertise and opinions from relevant individuals or organizations.

Joint Decision

A decision made collectively by two or more parties or individuals, often involving compromise or consensus.