Management Typically Has the Following Three Concerns, or Broad Objectives

question 80

Multiple Choice

Management typically has the following three concerns, or broad objectives, in designing an effective control system:
1) reliability of financial reporting
2) efficient and effective operations
3) compliance with applicable laws and regulations
4) maximise profit for stakeholders

• A) 1, 2, 4
• B) 2, 3, 4
• C) 1, 3, 4
• D) 1, 2, 3