Which of the Following Best Describes the Purpose of Control

question 32

Multiple Choice

Which of the following best describes the purpose of control activities?

• A)The actions, policies and procedures that reflect the overall attitudes of management
• B)The identification and analysis of risks relevant to the preparation of financial statements
• C)The policies and procedures that help ensure that necessary actions are taken to address risks to the achievement of the entity's objectives
• D)Activities that deal with the ongoing assessment of the quality of internal control by management

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Definitions:

Stress And Performance

Refers to the relationship between stress levels and performance output, suggesting that a moderate level of stress can enhance performance, while too much or too little stress can impede it.

High And Low Levels

Ranges of intensity, quantity, or degree in various contexts.

Resentment

A feeling of bitterness or anger towards someone or something perceived as unfair or wrong.

Supervision

The act of overseeing or directing work or workers to ensure tasks are completed correctly and efficiently.