Answer:
<u>True.</u>
Explanation:
This statement is true. In Kenya there is a system called M-PESA, which can be defined as a more developed payment system worldwide, this system acts as a tool that allows payments and purchases to be made via cell phone.
This system revolutionized the lives of the citizens of that region, due to the ease of being able to carry out commercial transactions and manage their money without needing a bank.
Answer:
C) Disclaim an opinion on the assessment of controls.
Explanation:
According to PCAOB AS 2201, the registered auditor must disclaim an opinion on the effectiveness of internal controls used by the corporation. The auditor must also determine whether management's reports are complete and properly presented. In a final report, the auditor must give the reasons for his/her determinations.
Development is the process of an economy’s increasing industrialization, standard of living, and economic wealth.
When there is a development in economics, they focus on improving the fiscal economic and social conditions in developing countries. Development does not happen over night or at a fast pace but eventually the areas they want to have developed become more economically sound to keep up with the economy's needs. There are 4 stages of economic development, they are expansion, peak, contraction and trough.
The system is known as <em>Organizational Culture</em>
We can define "Organizational Culture" as an existing belief which guides staff in understanding what to do & not and includes practices, values, assumptions about their work.
- Organization cultures creates the structure of an organization through values, sociology, and psychology
- Examples of organizational culture includes the company's philosophy, values, expectations, experiences etc
In conclusion, the system of shared beliefs and values which exist in an organization is known as Organizational Culture.
Learn more about Organizational Culture here
<em>brainly.com/question/13996722</em>
