To Whom Should Immaterial Errors Should Be Reported

question 2

Multiple Choice

To whom should immaterial errors should be reported?

• A) No one.
• B) The audit committee.
• C) Senior management.
• D) The manager at least one level above the people involved.

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Definitions:

Judicial Review

The power of courts to assess whether a law or governmental action is constitutional.

Bill of Rights

refers to the first ten amendments to the United States Constitution, guaranteeing fundamental rights and protections to American citizens, such as freedom of speech, religion, and assembly.

Ratification

The formal validation of a proposed law or constitutional amendment, usually by vote or consent of authorized legislative bodies or through a referendum.

National Bill

A legislative proposal debated and adopted by a national body, such as a parliament, to become a law.