Management Can Expect Various Benefits to Follow from Implementing a System

question 99

Multiple Choice

Management can expect various benefits to follow from implementing a system of strong internal control.Which of the following benefits is least likely to occur?

• A) reduced cost of an external audit.
• B) prevents employee collusion to commit fraud.
• C) availability of reliable data for decision-making purposes.
• D) some assurance of compliance with the Foreign Corrupt Practices Act of 1977.
• E) some assurance that important documents and records are protected.

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Definitions:

Economy

The comprehensive system of production, distribution, and consumption of goods and services within a society.

Organic Farm

A farming system that utilizes natural processes and inputs for crop and livestock production, avoiding synthetic chemicals and genetically modified organisms.

Farmers' Market

A designated market space where local farmers and vendors sell their produce and goods directly to consumers.

Global Markets

The international exchange of goods, services, and finances, characterized by global competition, pricing, and product availability.