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.

Understand the relationship between social class and education attainment.

Differentiate between education systems across countries and recognize the impact of certain programs like Head Start.

Identify the effects of familial economic status and educational attainment on children's education outcomes.

Recognize the traditional and modern reasons for the spread of mass schooling.

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Definitions:

Output Level

The amount of goods or services produced by a company, industry, or economy within a specific period, often measured to assess productivity and efficiency.

Break-Even

The point at which total revenue equals total costs, meaning there is no net loss or gain.

Output Level

Refers to the total quantity of goods or services that a firm produces over a specific period.

Scarce Factor

A resource or input in limited supply relative to demand, which can constrain production, increase costs, or cause competition.