Internal Control Principles One of the COSO principles of internal control requires organizations to demonstrate a commitment to attract, develop, and retain competent individuals in alignment with objectives. Discuss how this can be done

Commitment to competence includes management 's consideration of the competence levels for particular jobs and how those levels translate into requisite skills and knowledge. This commitment is demonstrated through policies and procedures to attract, train, mentor, evaluate, and retain employees

Business

You might also like to view...

Take particular care to avoid __________________ in a British context

a. passive voice b. gobbledygook c. jargon d. abbreviations

Business

Which of the following is a correct statement regarding boycotts?

A) Unlike a strike, a boycott is a means used to prohibit a company from carrying on its business so that it will accede to union demands. B) Primary boycotts are illegal. C) A union may boycott an employer with which the union is directly engaged in a labor dispute. D) Secondary boycotts are legal.

Business