The Purpose of Internal Controls Includes All of the Following

question 21

Multiple Choice

The purpose of internal controls includes all of the following except:

• A)improving efficiency.
• B)producing timely accounting information.
• C)minimizing errors.
• D)completely eliminating fraud.

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Definitions:

Expert Validity

Validity as judged by relevant experts.

Face Validity

A question or measure that appears to capture the concept it is intended to capture. See also expert validity and panel validity.

Likert-Type Scales

A response scale used in surveys to gather information on a participant's level of agreement or preferences towards a statement.

Human Communication

The process by which individuals share information, ideas, or feelings through verbal or non-verbal means.