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Question

. If you want to flag a question for later review, select the "Mark for revi . You must answer all questions before you can submit the exam for gr . To see a list of the questions you have answered (or still need to answ . You can exit the exam at any point by clicking "Save & Exit" Your wor return to the exam at a later date to complete and submit it for grading Question 20 of 50: Select the best answer for the question. 20. Organizational controls affect which of the following? O A. Fraud and audit O B. Risks and costs O C. Ethics, fraud, costs, audit, and risks O D. Ethics and laws O Mark for review (Will be highlighted on the review page) Previous Question esuon Review My

Explanation / Answer

Answer- Ethics, frauds, costs, audit, and risks

Strong and right amount of control make firms comply with government norms and compliance like tax filing, employee payments, etc., helpful in maintaining Ethics and correct Audit practices

It also avoids Frauds by strong monitoring on stocks/ finances

All cost can be cut or reduced to a minimum by careful monitoring and control

Risk management like credit risk/ liquidity risk etc. gets minimized by appropriate organizational checks and controls