A Business's Administrative Controls Are Concerned with

question 139

Multiple Choice

A business's administrative controls are concerned with

• A) Safeguarding a company's assets.
• B) Assessing the extent of compliance with laws and company policies.
• C) Ensuring the company has enough cash to operate effectively.
• D) Ensuring the reliability of the accounting records.

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Definitions:

Turnover

The rate at which employees leave a workforce and are replaced by new personnel, reflecting the company's retention success and workplace satisfaction.

Employment-At-Will Doctrine

A legal principle that allows employers and employees to terminate employment at any time without reason, as long as it does not violate any contract or law.

Public-Policy Exception

A legal doctrine that prevents employers from terminating employees in violation of well-established public policy of the state.

Whistle-Blowers

Individuals who expose illegal, unethical, or improper conduct within an organization, often facing significant personal and professional risk.