According to the COSO Definition, Internal Controls Should Provide

question 14

Multiple Choice

According to the COSO definition, internal controls should provide:

• A) Reasonable assurance.
• B) Punishments for dishonest employees.
• C) Sufficient justification for prosecuting criminals.
• D) Guarantees that no fraud exists in the accounting information system.

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that becomes associated with a conditioned stimulus.

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, evokes a conditioned response.

Stimulus Generalization

A phenomenon in learning where a response is elicited by stimuli that are similar but not identical to the original conditioned stimulus.

Discrimination

Discriminatory behavior or unfair treatment towards various groups, particularly based on racial, age, or gender differences.