The Quality of an Organization's Internal Controls Affect Which of the Following

question 28

Multiple Choice

The quality of an organization's internal controls affect which of the following?

• A) The reliability of financial data.
• B) The ability of management to make good decisions.
• C) The ability to remain in business.
• D) All of the above.

---

Definitions:

Criterion

A standard, rule, or test by which something can be judged or measured, often used in decision-making or evaluation processes.

Core Principles

Fundamental beliefs or values that serve as the foundation for behavior, decision-making, and actions within an organization or individual's life.

Professional Selling

The process and activities required to effectively develop, manage, enable, and execute a mutually beneficial, interpersonal exchange of goods and/or services for equitable value.

Break-Even Point

the point at which total costs and total revenue are equal, meaning a business is neither making a profit nor taking a loss, serving as a critical financial analysis metric.