Which of the Following Is an Objective of Internal Control

question 48

Multiple Choice

Which of the following is an objective of internal control?

• A) Promoting strategic, tactical, and operational efficiency and effectiveness.
• B) The control environment.
• C) Risk assessment and management.
• D) All of the above are objectives of internal control.

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Definitions:

Classical Management

A theory of management that focuses on the efficiency, productivity, and output of workers, and organizational structure, rooted in scientific management and bureaucratic approaches.

Bureaucratic Organization

A structured approach to administration and management, characterized by formal procedures, hierarchy, and a clear division of labor.

Productive

Being productive means achieving or producing a significant amount or result, maximizing output from given inputs or efforts.

Quantitative Management

An approach to management that focuses on mathematical models, statistics, and numerical techniques to solve organizational problems.