Which of the following is true of internal control?
A) A company's outside auditor is responsible for the company's internal control system.
B) One of the major purposes of internal control is to ensure that the assets are safeguarded.
C) Internal control procedures tend to diminish the importance of operational efficiency.
D) Internal controls are only necessary for public companies.
B
Business
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a. a unilateral governance structure. b. a bilateral governance structure. c. a dominant alliance. d. a reciprocal alliance. e. an innovative firm.
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Workers are more likely to get fired because of poor attitudes, inappropriate behavior, and problems in interpersonal relationships than poor technical skills
Indicate whether the statement is true or false.
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