Ethics:

Ethics is the set of some moral values and principal that differentiate right and wrong morally.

Internal control:

Internal control is the process designed by the management to achieve the following objectivities:

• Effectiveness of the operations and rescue the risk of assets loss.

• Reliability of financing and non-financing external and internal reporting.

• Follow the applicable rules, regulations, and laws.

Audit:

The audit is the process of checking the financial statements of a company `to ensure that it is 100% authentic and free from any kind of bias or fraud.

Joint venture:

It is a type of business in which the two or more business firms work together for a limited period. They invest a predetermined capital in the business and share the profit in a predetermined ratio.