Listed Below Are Ten Terms Followed by a List of Phrases

question 30

Multiple Choice

Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms.Match each phrase with the best term by placing the letter designating the term in the space provided.
-____ Procedures for maintaining separation of duties.

• A)Monitoring
• B)Oversight board
• C)Control activities
• D)Corporate executive accountability
• E)Nonaudit services
• F)Control environment
• G)Internal control
• H)Information and communication
• I)Auditor rotation
• J)Risk assessment

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Definitions:

Policy, Economics

The study and analysis of how economic theories and principles influence and are applied to public policy, including the impact of government actions on economic performance.

Meaningful Involvement

Participation that is not only active but also has significance and influence on the outcome of processes or decisions in which one is involved.

NIMBY

Short for “not in my back yard”; originally referred to protests aimed at shifting undesirable activities onto those with less power; now sometimes used without negative connotations to describe local environmental activists.

Nuclear Waste

Radioactive byproducts resulting from the operation of nuclear reactors, research, and medical procedures, requiring careful disposal to avoid environmental harm.