Internal Control Occurs When __________

question 3

Multiple Choice

Internal control occurs when __________.

• A)Motivated individuals and groups are directly supervised.
• B)Computers are used to monitor performance inside the organization.
• C)Motivated individuals and groups exercise self-discipline in fulfilling job requirements.
• D)Managers take responsibility for the activities in their own departments.
• E)Motivated managers defend the organization against outside competitive attacks.

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Definitions:

Confidence Index

An indicator that measures the confidence or optimism that investors feel about the overall financial market or the economy.

TRIN

A market indicator used to predict price movements in the stock market, based on the ratio of advancing to declining stocks.

Support Level

In technical analysis, this refers to a price level below which a security or market tends not to fall.

Primary Trend

A long-term movement in stock market prices, typically lasting for a year or more, indicating the general direction of the market.