Which of the Following Conditions Must Exist for Internal Controls

question 78

Multiple Choice

Which of the following conditions must exist for internal controls to be effective?

• A)Policies must be communicated effectively by top management.
• B)They must be tailored to the size and nature of the business.
• C)Personnel at all levels must adopt the organisation's goals,objectives and ethical standards.
• D)All of the above.

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Definitions:

Fordlandia

A failed industrial town established by American industrialist Henry Ford in the Brazilian Amazon in the 1920s, intended to secure a source of cultivated rubber for his automobile manufacturing.

Rubber Supply

The availability or provision of rubber, a significant material used in various industries, which can be natural or synthetic and is vital for manufacturing numerous products.

Radio and Movies

Forms of mass media that rose to prominence in the 20th century, with radio dominating early on for broadcasting music and news, and movies providing visual storytelling and entertainment.