Which of the Following Is NOT an Objective of Management

question 32

Multiple Choice

Which of the following is NOT an objective of management in designing internal control systems?

• A) Compliance with applicable laws and regulations
• B) Efficient and effective use of resources
• C) Reliable financial reporting
• D) Reducing control risk

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Definitions:

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public expenses.

Import Quota

A government-imposed limit on the quantity of a specific good that can be imported into a country.

Honda Automobiles

A reference to the range of vehicles manufactured by the Honda Motor Company, a multinational automotive manufacturer.

Emission Exhaust

The release of gases or other pollutants into the air from internal combustion engines or other sources.