A Company's Internal Control System

question 55

Multiple Choice

A company's internal control system:

• A) Eliminates the need for audits.
• B) Eliminates the need for managers' certification of controls.
• C) Monitors company and employee performance.
• D) Eliminates the company's risk of loss.
• E) Eliminates human error.

---

Definitions:

Secure

Refers to measures or conditions that ensure protection from harm, attack, or unauthorized access.

Broadcast Method

The technique or medium used to distribute content to a wide audience through television, radio, or the internet.

Internally

Pertains to actions or processes occurring within an organization, group, or system, as opposed to externally or outside it.

Online Meeting

A virtual gathering, often conducted over the internet, allowing participants to communicate in real-time without being physically present in the same location.