All of the Following Are Purposes of Internal Control Except

question 131

Multiple Choice

All of the following are purposes of internal control except to:

• A)safeguard assets.
• B)promote operational inefficiency.
• C)prevent and detect error and fraud.
• D)ensure accurate and reliable accounting records.

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Definitions:

Investment Account

An account held by an individual or entity, typically at a financial institution, that holds funds and securities for investment purposes.

Related Income

Income generated from transactions or arrangements between entities that have a relationship with each other.

Zebrafish

A small freshwater fish often used in scientific research due to its transparent embryos and rapid development.

Ideology

Ideology refers to a system of ideas, values, and beliefs that influence the way individuals perceive and interact with the world.