All of the Following Are Goals of Internal Control Except

question 36

Multiple Choice

All of the following are goals of internal control except:

• A)reducing the risk of fraud.
• B)producing reliable and timely accounting information for use by people internal and external to the organization.
• C)minimizing the amount of income taxes that must be paid.
• D)adhering to laws and regulations.

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Definitions:

Drive-Reduction Theory

A psychological theory suggesting that motivation arises from biological needs driving an individual to act in ways that reduce drives and achieve homeostasis.

Physiological Needs

The most basic human necessities required to sustain life, such as air, water, food, shelter, and sleep, according to Maslow's hierarchy of needs.

Psychological Wants

Desires primarily based on emotional or mental fulfillment rather than basic survival or physiological needs.

Innate Tendency

Inborn or natural behaviors and characteristics that are genetically programmed, not learned from experience.