Internals controls - Study guides, Class notes & Summaries

Multiple Choice Question 43 Which one of the following is not an objective of a system of internal controls? a. Safeguard company assets. b. Reduce the risks of errors. c. Enhance the accuracy and reliability of accounting records. - ANS-All of these are objectives of internal control. Multiple Choice Question 48 Internals control are concern with - ANS--safeguard assets -enhance the reliability of accounting records -increase the efficiency of operations -ensure compliance with laws ...

Multiple Choice Question 43 Which one of the following is not an objective of a system of internal controls? a. Safeguard company assets. b. Reduce the risks of errors. c. Enhance the accuracy and reliability of accounting records. - ANS-All of these are objectives of internal control. Multiple Choice Question 48 Internals control are concern with - ANS--safeguard assets -enhance the reliability of accounting records -increase the efficiency of operations -ensure compliance with laws ...

What is obedience? A form of social influence in which an individual follows a direct order from a figure of authority. What was Milgram's (1964) study? Milgram (1964) sought an answer to why such a high proportion of the German population obeyed Hitler's commands to murder over 6 million Jews in the Holocaust and other social groups during WW2. Procedure: 40 US men were given the role of TEACHER through a fixed draw - ordered to administer (fake) electric shocks to LEARNER (confederate)...