The Measures Used by an Organization to Provide Reasonable Assurance

question 111

Multiple Choice

The measures used by an organization to provide reasonable assurance that the organization produces reliable financial reports,complies with applicable laws and regulations,and conducts its operations in an efficient and effective manner are collectively

• A)Generally accepted accounting principles.
• B)Financial accounting standards.
• C)Securities and exchange regulations.
• D)The internal control structure.

Recognize the key organizations and their contributions to project management.

Distinguish between different types of goods, services, and project estimates.

Understand the role of synchronous and asynchronous communication in projects.

Grasp the concept of vendor roles and the necessity of project reserves.

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Definitions:

Income Redistribution

The transfer of income from some individuals to others by means of a social mechanism such as taxation, charity, welfare, public services, land reform, or monetary policies.

Black Americans

Individuals in the United States who have African ancestry; commonly referred to as African Americans.

Poor

This term refers to individuals or groups who lack sufficient financial resources to meet a basic standard of living.

Employment Discrimination

Unfair treatment or prejudice against employees or job applicants based on race, color, religion, sex, national origin, age, disability, or genetic information instead of job performance or qualifications.