What Best Describes Internal Controls

question 6

Multiple Choice

What best describes internal controls?

• A)A set of processes used to detect errors and irregularities.
• B)Procedures used to detect errors and irregularities in asset accounts.
• C)A set of processes and procedures to safeguard assets and detect errors.
• D)A set of processes and procedures used to detect fraud and find errors in accounting data.

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Definitions:

Reflex Arc

A neural pathway that mediates an immediate response to a stimulus without conscious brain involvement.

Interneuron

A type of neuron that serves as a relay or link between sensory and motor neurons within the central nervous system.

Central Nervous System

The part of the nervous system that includes the brain and spinal cord, responsible for processing and sending out neural signals.

Effectors

Organs, glands, or cells that act in response to a stimulus, executing the appropriate response in the body.