Which of the Following Is TRUE of Internal Control

question 160

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)Internal control procedures tend to diminish the importance of operational efficiency.
• C)One of the major purposes of internal control is to ensure accurate, reliable accounting records.
• D)Internal controls are only necessary for large businesses.

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Definitions:

Endodermis

The innermost layer of cells in the root cortex that regulates the passage of water and nutrients into the vascular system of plants.

Root Hairs

Hairlike, absorptive extensions of epidermis cells on young plant roots.

Gritty Texture

A rough or coarse texture that feels like fine particles are embedded within it.