Chester Company Has Established Internal Control Policies and Procedures in Order

question 84

Multiple Choice

Chester Company has established internal control policies and procedures in order to achieve the following objectives:
1) Effective evaluation of management performance.
2) Assure that the accounting records contain reliable information.
3) Safeguard the company's assets.
4) Assure that employees comply with company policy.
Which of these objectives are achieved by accounting controls?

• A)Objectives 1 and 2
• B)Objectives 2 and 3
• C)Objectives 3 and 4
• D)All four objectives

---

Definitions:

Late Stages

Referring to the advanced phases of a process, condition, or disease, often implying that outcomes or consequences have become more severe.

Syphilis

A sexually transmitted infection caused by the bacterium Treponema pallidum, which can cause serious health problems if left untreated.

Hepatitis A

A viral liver infection that is primarily spread through ingestion of contaminated food or water.

Candidiasis

A fungal infection caused by yeasts from the Candida species, commonly affecting the skin, mouth, and genitals.