Question
Which of the following statement is
true?Solution
Internal control system reduces the possibility of occurrence of employee fraud and management fraud An effective internal control system can help reduce the risk of both employee fraud and management fraud. For employee fraud, the system can establish clear policies and procedures for financial transactions and record-keeping, communicate these to all employees, and include monitoring and oversight mechanisms. For management fraud, the system can establish a culture of integrity and ethical behavior, ensure that management is held accountable for their actions, and implement checks and balances to prevent abuse of power.
Statements: F > G = J ≤ I = L > M ≥ K = N
Conclusion
I: N < I
II: L ≥ G
Statement: P > Q; Q ≥ W = X < Z
Conclusions: I. W < P
II. X ≤ Q
...In the question assuming the given statements to be true, find which of the conclusion(s) among given three conclusions is/are definitely true and then...
In the question, assuming the given statements to be true, find which of the following conclusion(s) among the three conclusions is/are true and then g...
Statements:
A ≤ B > E ≥ F; M > E < N
Conclusions:
I. N > F
II. B > F
In the question, relationship between some elements is shown in the statements (s). These statements are followed by two conclusions. Read the statemen...
Statements: U = V ≤ W > Q ≥ N; B < Q; E = W
Conclusion: I. E > Q II. W > B
...Statements: E * M, M # N, N $ K
Conclusions: a) E * NÂ Â Â Â Â b) M $ K
Statements: A ≤ B = C ≥ D > E > F; F = G ≥ H = I > J > K = L
Conclusions:
I. B > F
II. H = L
Statements:
Z > N ≥ B = J ≤ M; Y ≥ U > N ≥ P
Conclusions:
I). P ≤ Z
II). M > Y
...
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