Which of the Following Is Not an Objective of Internal

question 26

Multiple Choice

Which of the following is not an objective of internal controls over financial reporting as defined by the Sarbanes-Oxley Act?

• A)Policies and procedures that pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the registrant.
• B)Policies and procedures that provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and receipts and expenditures of the registrant are being made only in accordance with authorizations of management and directors of the registrant.
• C)Policies and procedures that provide reasonable assurance regarding the compliance with applicable laws and regulations.
• D)Policies and procedures that provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the registrant's assets that could have a material effect on the financial statements.

---

Definitions:

Mechanical Hard Drive

A data storage device using spinning disks coated with magnetic material to read and write digital information, known for its capacity and cost-effectiveness.

Performance

The act of performing or carrying out tasks and the efficiency or effectiveness with which these are executed.

Flash

A technology used in photography and devices to produce a brief burst of light, typically used to illuminate a scene.

NVRAM

Non-Volatile Random Access Memory, a type of memory that retains data after the system power is turned off.