Internal Control Helps an Organization Achieve All of the Following

question 19

Multiple Choice

Internal control helps an organization achieve all of the following EXCEPT

• A) reliable financial reporting.
• B) compliance with relevant laws and regulations.
• C) absolute assurance that fraud will not occur.
• D) effective and efficient operations.

---

Definitions:

Content Analysis

Traditionally, a quantitative, systematic technique for describing the manifest content of communications.

Magazines

Periodical publications containing a variety of articles, stories, and advertisements, typically focused on specific interests.

Newspapers

Publications containing written information on current events, features, analysis, and advertising, usually printed on cheap paper and distributed daily or weekly.

Data Reduction

The process of reducing “raw” data to a simpler form by using, for example, summary statistics, tables, or graphs.