Internal Control Is Intended to Provide Reasonable Assurance About the Achievement

question 18

True/False

Internal control is intended to provide reasonable assurance about the achievement of an entity's objectives.

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Definitions:

Whittaker Chambers

Whittaker Chambers was an American writer, editor, and former Communist spy who became famous for his testimony against Alger Hiss, accused of espionage, which became a major event in the early years of the Cold War.

Alger Hiss

A former U.S. government official accused of espionage and convicted of perjury, his case became a symbol of Cold War tensions.

Espionage Activities

Acts of spying or using spies to obtain secret or confidential information about the plans and activities of a government or a competing entity.

National Security

The protection of a nation's citizens, economy, and institutions against threats and aggression, prioritizing the safety and well-being of the state.