An Internal Control System Consists of the Policies and Procedures

question 169

Multiple Choice

An internal control system consists of the policies and procedures managers use to do all of the following except:

• A) Urge adherence to company policies.
• B) Promote efficient operations.
• C) Ensure reliable accounting.
• D) Determine pricing for products.
• E) Protect assets.

---

Definitions:

Contingency

The possibility that an event may occur, dependent on the fulfillment of certain conditions or the occurrence of another event.

Meat Powder

A powdered form of meat used primarily as a dietary supplement or in food processing.

Negative Contingency

A relationship where the occurrence of one behavior decreases the likelihood of another event or behavior.

Signaled Shock

A procedure in conditioning experiments where a signal or cue is given before an aversive stimulus, such as a shock, to study learning and anticipation.