Internal Control Does Not Consist of Policies and Procedures That

question 42

Multiple Choice

Internal control does not consist of policies and procedures that

• A) protect assets from misuse
• B) ensure employees and managers comply with laws and regulations
• C) guarantee the company will earn a profit
• D) ensure that business information is accurate

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Definitions:

Tendency

A predisposition or inclination towards a particular pattern of thought, behavior, or action.

Avoid

Refers to deliberately staying away from or preventing something from happening.

Suppress

To intentionally withhold or conceal information, feelings, or actions.

Salary Negotiations

The process of discussing and agreeing upon the salary and benefits associated with a job position.