Which of the Following Is TRUE of Internal Control

question 22

Multiple Choice

Which of the following is TRUE of internal control?

• A)Internal controls are only necessary for large businesses.
• B)A company's outside auditor is responsible for the company's internal control system.
• C)Internal control procedures tend to diminish the importance of operational efficiency.
• D)One of the major purposes of internal control is to ensure accurate,reliable accounting records.

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Definitions:

Boolean Operator

Logical terms (such as AND, OR, NOT) used in search engines and databases to refine and specify search queries.

Narrow A Search

The process of refining search criteria to reduce the number of results and more precisely locate specific information.

Citations

References or quotations from or to books, papers, or authors, especially in academic work.

Boolean Operator

Boolean operators are logical terms used in search engines and databases (such as AND, OR, and NOT) to refine and manipulate search results based on specific criteria.