A Primary Purpose of Internal Controls Is To

question 52

Multiple Choice

A primary purpose of internal controls is to:

• A)form a basis for evaluating employees.
• B)monitor production quality.
• C)avoid clerical errors.
• D)meet objectives of maintaining sound documents and records and accurate financial reporting.

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Definitions:

Premise

A declaration or assertion that forms the basis for another to be deduced or concluded.

Mood

A temporary state of mind or feeling.

Figure

A descriptive term that can refer to a numerical value, a diagram, or an illustration used to convey information or represent data visually.

Premises

Statements or propositions from which conclusions are drawn in logical arguments.