Internal Control Is Defined, in Part, as a Plan That

question 55

Multiple Choice

Internal control is defined, in part, as a plan that safeguards

• A) all statement of financial position accounts.
• B) assets.
• C) liabilities.
• D) equity.

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Definitions:

Item

A distinct piece or unit of data, or an object in programming and inventory management.

Element's Position

The specific location or index of an item within a data structure, such as an array or list.

Array Name

An array name in programming serves as a reference to the location of the first element in the array, which can be used to access other elements through indexing.

First Element

The initial item or component in an array, list, or other data structure, often located at index 0 in zero-based indexing systems.