Before Any Internal Control Procedure Is Initiated, a Question Which

question 42

Multiple Choice

Before any internal control procedure is initiated, a question which should be addressed by the company is:

• A)Will this stop all theft?
• B)Is this the best security money can buy?
• C)How much benefit will be derived from the cost of the procedure?
• D)Will this prevent all accounting errors?

---

Definitions:

DVD Capabilities

The functional features or technologies that enable a DVD player or drive to read, write, or rewrite discs.

DVD Player Industry

The sector or market associated with the manufacture and sale of DVD players.

Cigarettes

Narrow cylinders containing psychoactive material, typically tobacco, that are rolled into thin paper for smoking.

Levy

A tax imposed by a government on goods, services, or financial transactions.