Which One of the Following Statements Regarding Internal Control Is

question 14

Multiple Choice

Which one of the following statements regarding internal control is true?

• A) Companies can design a system of internal control that is foolproof.
• B) A well-designed internal control system is a luxury that few companies can afford.
• C) It is easier to implement an effective internal control system in a small company because of the limited number of employees.
• D) Large companies are able to devote a substantial amount of resources to internal control systems because these companies have the assets to justify the cost.

---

Definitions:

Creative Problem Solving

An approach to finding innovative solutions to complex or challenging problems through creativity and lateral thinking.

USDA's MyPlate

A visual guide created by the United States Department of Agriculture to illustrate the five food groups that are the building blocks for a healthy diet using a familiar image — a place setting for a meal.

Optimal Diet

A nutrition plan tailored to meet an individual's health requirements, goals, and preferences, promoting overall wellbeing.

Public Profile

An individual's persona or presence as seen by the public, especially in the context of social media or other online platforms.