Answer all four questions and its due in 20 hours

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Answer all four questions and its due in 20 hours
	
Document Preview: Name: __________________________Quiz 3 1.  Why is a code of conduct important?  What should it contain?2.  In the long run, many agencies will adopt an automated tool to assist in the documentation, testing and evaluation of internal control.  Why is that?   3.  Surveys are an effective way of collecting information and are essential to the evaluation of whether an entity’s culture and personnel policies create an environment that allow effective functioning of activity level controls.  What factors should be considered in implementing a survey?4.  Describe the ways in which a deficiency in internal controls can arise.

David · Accepted Answer

QUESTION 1: 
Why is a code of conduct important?  What should it contain?
SOLUTION 1:
The code of conduct refers to the central guide or reference for the users in order to support their 
decision making process. It clarifies the organization’s mission, vision, values and principles in 
accordance with the professional standards of conduct. The code of conduct ensures the 
acceptable behavior in the organization and professional attitude in the employees. The company 
expects that the employees should obey the rules, avoid conflicts of interest, bribery, preserve the 
confidential data etc. According to Marty Hickman, the executive of Illinois High School of 
Association, “good character consists of trustworthiness, honesty, respect, responsibility and 
fairness.”  
QUESTION 2: 
In the long run, many agencies will adopt an automated tool to assist in the documentation, 
testing and evaluation of internal control.  Why is that?    
SOLUTION 2:

Answer all four questions and its due in 20 hours Document Preview: Name: __________________________ Quiz 3 1. Why is a code of conduct important? What should it contain? 2. In the long run, many...

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