An Organization's System of Internal Control Is Designed Primarily To

question 24

Multiple Choice

An organization's system of internal control is designed primarily to:

• A)ensure that no employees steal the organization's property.
• B)increase efficiency by letting one employee handle all aspects of a transaction from beginning to end.
• C)ensure that the organization's balance sheet will always balance.
• D)provide an operating framework for all employees as they work to achieve the organization's goals.

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Definitions:

Inheritance

Assets received from someone who has died.

Divisional Sales Revenues

The total amount of money generated from sales activities by a specific division within a company during a given period.

Customer Satisfaction

A measure of how products or services provided by a company meet or surpass customer expectation.

Citrus Juice

The liquid extract from citrus fruits like oranges, lemons, and grapefruits, rich in vitamins and often consumed for its health benefits.