Even a Good System of Internal Controls Can Be Overridden

question 140

True/False

Even a good system of internal controls can be overridden by collusion among employees.

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Definitions:

Mastery Orientation

An approach to learning and achievement that focuses on gaining new skills, improving competence, and understanding material, rather than a focus on outward success.

Fixed Mindsets

The belief that one's abilities, intelligence, and talents are static traits which cannot be significantly developed.

Cross-race Friendships

Relationships between individuals of different racial backgrounds, which can enhance cultural understanding and reduce biases.

Peer Victimization

The experience of being targeted and harmed by peers, including bullying and harassment.