Question

Even with the best possible internal control system in place, its effectiveness still depends on what?...

Even with the best possible internal control system in place, its effectiveness still depends on what?

a.

The competency and dependability of the people enforcing it.

b.

All of the above.

c.

Creating an expectation of punishment.

d.

Identifying the nature of the risks involved and the losses that could result from these risks.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Solution:

Even with the best possible internal control system in place, its effectiveness still depends on "The competency and dependability of the people enforcing it."

Hence option a is correct.

Add a comment
Know the answer?
Add Answer to:
Even with the best possible internal control system in place, its effectiveness still depends on what?...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Discussion questions 1. What is the link between internal marketing and service quality in the ai...

    Discussion questions 1. What is the link between internal marketing and service quality in the airline industry? 2. What internal marketing programmes could British Airways put into place to avoid further internal unrest? What potential is there to extend auch programmes to external partners? 3. What challenges may BA face in implementing an internal marketing programme to deliver value to its customers? (1981)ǐn the context ofbank marketing ths theme has bon pururd by other, nashri oriented towards the identification of...

  • 1. Analyze the major challanges USB faced in the last 5 years, in your opinion, what...

    1. Analyze the major challanges USB faced in the last 5 years, in your opinion, what were the crucial factors in the banks downturn? 2. what are the main triggers to change the banks approach to communication and what is different today regarding the dealings and relationship to its share-and stakeholders? 3. How would you evaluate the constant replacement of the banks chairman and CEO? 4. in view of the future strategy of USB, what are your suggestions in order...

  • 1. Analyze the major challanges USB faced in the last 5 years, in your opinion, what were the cru...

    1. Analyze the major challanges USB faced in the last 5 years, in your opinion, what were the crucial factors in the banks downturn? 2. what are the main triggers to change the banks approach to communication and what is different today regarding the dealings and relationship to its share-and stakeholders? 3. How would you evaluate the constant replacement of the banks chairman and CEO? 4. in view of the future strategy of USB, what are your suggestions in order...

  • Boeing 737 Max Safety System Was Vetoed, Engineer Says By Natalie Kitroeff, David Gelles and Jack...

    Boeing 737 Max Safety System Was Vetoed, Engineer Says By Natalie Kitroeff, David Gelles and Jack Nicas Published Oct. 2, 2019 and Updated Oct. 29, 2019 A senior Boeing engineer filed an internal ethics complaint this year saying that during the development of the 737 Max jet the company had rejected a safety system to minimize costs, equipment that he felt could have reduced risks that contributed to two fatal crashes. Boeing has provided the complaint, which was reviewed by...

  • RADICO’S CHALLENGE The executive staff at Radico Corporation was quite pleased with the one-day training program...

    RADICO’S CHALLENGE The executive staff at Radico Corporation was quite pleased with the one-day training program they attended on the benefits of using agile and Scrum on some of their projects. Radico provided products and services to both public and private sector clients, almost all of it through competitive bidding. IT was not required for any of the products and services Radico provided. Agile and Scrum had proven to be successful on internal IT projects, but there were some concerns...

  • Caterpillar, Inc. Encounters Challenges to Its Ethical Reputation INTRODUCTION Caterpillar, Inc. (CAT) is a global manufacturer...

    Caterpillar, Inc. Encounters Challenges to Its Ethical Reputation INTRODUCTION Caterpillar, Inc. (CAT) is a global manufacturer of construction and mining equipment, machinery, and engines. Best known for its machinery, including its tractors, off-highway trucks, wheel dozers, and backhoe loaders, CAT has more than 500 dealer locations worldwide. In 2014 the company achieved global revenues of more than $55.2 billion. As a result, CAT faces the challenging tasks of managing a complex network of stakeholders. CAT has made a name for...

  • What are the differences between Apple production in the US and China? What would make production...

    What are the differences between Apple production in the US and China? What would make production more feasible in the United States? Should Apple or other companies move more production to the US? A Tiny Screw Shows Why iPhones Won't Be 'Assembled in U.S.A.' A screw from the late 2013 model of the Mac Pro.CreditJames Nieves/The New York Times A screw from the late 2013 model of the Mac Pro.CreditCreditJames Nieves/The New York Times By Jack Nicas • Jan. 28,...

  • 1.. All following elements have been identified as important to supporting school’s level of involvement with...

    1.. All following elements have been identified as important to supporting school’s level of involvement with law enforcement EXCEPT: A. The school and local law enforcement have developed a memorandum of agreement, (MOA), defining the roles and responsibilities of both. B. The school threatens children with punishment from law enforcement officials for even the most minor infractions. C. The school has developed and maintained an effective relationship with law enforcement. D. The school reports incidents of crime and violence to...

  • internal project 1 anything helps! thank you!! Instructions: Study the case that starts on page 3...

    internal project 1 anything helps! thank you!! Instructions: Study the case that starts on page 3 carefully. Then write concise answers to the following questions regarding the internal control system of Duarf, Inc. Clearly label your responses with proper headings and subheadings. Be very specific and precise. Answers that appear to be beating around the bush will not get any credit. 1. What are the controls in place that under normal conditions should function well to prevent embezzlements or frauds?...

  • The discussion: 150 -200 words. Auditing We know that computer security audits are important in business....

    The discussion: 150 -200 words. Auditing We know that computer security audits are important in business. However, let’s think about the types of audits that need to be performed and the frequency of these audits. Create a timeline that occurs during the fiscal year of audits that should occur and “who” should conduct the audits? Are they internal individuals, system administrators, internal accountants, external accountants, or others? Let me start you: (my timeline is wrong but you should use some...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT