All of the Following Are the Goals of Internal Controls

question 149

Multiple Choice

All of the following are the goals of internal controls over merchandising transactions except

• A) To keep credit losses at a minimum
• B) To retain enough cash to take advantage of cash discounts
• C) To keep the appropriate amount of inventory on hand
• D) To decide on the quality of materials to be purchased

---

Definitions:

Time To Market

The duration it takes for a product or service to move from conception to being available for sale to consumers.

Consumer Adoption

The process by which customers accept and purchase new products or technologies.

Product Launch

The introduction of a new product to the market, encompassing activities from marketing to distribution.

Adopter

An individual or entity that starts using a new product, technology, or idea.