Which of the Following Is True of Internal Control

question 62

Multiple Choice

Which of the following is true of internal control?

• A)A company's outside auditor is responsible for the company's internal control system.
• B)One of the major purposes of internal control is to ensure accurate, reliable accounting records.
• C)Internal control procedures tend to diminish the importance of operational efficiency.
• D)Internal controls are only necessary for large businesses.

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Definitions:

Priming

A technique in psychology used to train people's memory in both positive and negative ways, influencing their responses and perceptions.

Visual Presentations

The display of information in a visual format, such as graphs, charts, diagrams, videos, or slides, aimed at enhancing understanding, engagement, and retention of information.

Stimuli

External agents, forces, or mechanisms that can cause a response in a biological organism.

Correspondence Problem

As your view changes, the perceptual task of determining which aspects of the current view correspond to which aspects of the view seen a moment ago.