Controls That Enhance the Accuracy and Reliability of the Accounting

question 137

Multiple Choice

Controls that enhance the accuracy and reliability of the accounting records are

• A) automated controls.
• B) external controls.
• C) physical controls.
• D) human resource.

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Definitions:

CEO

Chief Executive Officer; the highest-ranking executive in a company, responsible for making major corporate decisions and managing the overall operations and resources.

Internal Revenue Service

The United States governmental body in charge of collecting taxes and enforcing tax legislation.

Experimentation

The act of conducting tests or trials to explore effects of actions or to discover new information, often used in research, product development, and problem-solving.

New Programs

Initiatives or sets of activities introduced within an organization or community to address specific goals or problems.