Which of the Following Is NOT an Element of Internal

question 55

Multiple Choice

Which of the following is NOT an element of internal control over financial reporting?

• A) Maintaining accurate financial records
• B) Providing reasonable assurance that receipts and expenditures are recorded based on proper authorization by management
• C) Developing a code of conduct and whistle-blowing procedures
• D) Providing reasonable assurance that the financial statements are prepared in accordance with generally accepted accounting principles

---

Definitions:

Cultural Acceptance

The recognition and inclusion of diverse cultural practices, values, and norms within a society, promoting social harmony and understanding.

Talcott Parsons

An American sociologist known for his work in developing sociological theory and for his contributions to the functionalist perspective in sociology.

Expressive Roles

Social roles focused on emotional support, nurturing, and maintaining relationships within families or groups.

Toddlers & Tiaras

A reality television show focusing on the families and children involved in child beauty pageants.