Examlex
When a student does well on a test,she immediately takes the credit,saying that she did well because she studied hard.When she does poorly,however,she blames the teacher for making up an "impossible" test.Which term best captures this scenario?
Evaluate
To Evaluate means to systematically assess something by considering its merits, qualities, or values, usually in a detailed and analytical manner.
Internal Controls
Steps and guidelines set by a business to secure the trustworthiness of its financial and accounting information, promote ethical accountability, and inhibit fraud.
Establishment of Responsibility
An accounting control principle that ensures tasks are assigned to individuals in a way that accountability can be determined.
Segregation of Duties
A risk management and control strategy that divides tasks among different people to reduce the risk of fraud or error.
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