Selection Is Important in the Success of a Team

question 128

True/False

Selection is important in the success of a team.

---

Definitions:

Committee of Sponsoring Organizations

A voluntary private sector organization dedicated to providing guidance on risk management, governance, and internal control frameworks.

Cash Over

A situation where the amount of cash on hand is greater than the expected amount, indicating possible errors or oversight.

Cash Short

A situation where the actual cash on hand is less than the expected amount, often due to errors or theft.

Income Statement

A financial statement that provides a summary of a company's revenues, expenses, and profitability over a specific period.