Both the SEC and the PCAOB Require Management to Use

question 12

True/False

Both the SEC and the PCAOB require management to use the COBIT framework for assessing internal control adequacy.

---

Definitions:

Psychological Needs

Psychological needs refer to the intrinsic, essential desires that motivate behavior and contribute to mental health, such as the need for belonging, esteem, and self-actualization.

Comparison Level

A standard against which one evaluates the attractiveness and satisfaction of a relationship based on prior experiences and societal norms.

Interdependence Theory

The idea that satisfaction, investments, and perceived alternatives are critical in determining commitment to a particular relationship.

EVLN Model

A model representing the four responses employees can have to dissatisfaction at work: Exit, Voice, Loyalty, and Neglect.