The Control Matrix Does NOT Tell Us

question 23

Multiple Choice

The control matrix does NOT tell us:

• A)the control objectives of a control system
• B)how control objectives would ideally be attained
• C)whether control objectives actually exist within a system
• D)the effectiveness of the control objectives

---

Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed by the government.

Sales Tax

A consumption tax imposed by the government on the sale of goods and services.

Valuation Rate

The estimated or assessed value of an asset or liability for accounting and tax purposes.

Market Value

The current price at which an asset or service can be bought or sold in a market.