Which of the Following Is TRUE of Internal Control

question 76

Multiple Choice

Which of the following is TRUE of internal control?

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

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Definitions:

Sexual Harassment

Unwanted or unwelcome sexual behavior, which can include comments, advances, or actions, creating a hostile or offensive environment.

Explicit Photos

Photographs that display content of a very revealing or graphic nature, often intended for adult audiences.

Workplace Conflict

Describes a disagreement, tension, or dispute in a work environment caused by differing opinions, personalities, or interests among employees or teams.

Positive Side Effect

An unintended but beneficial result of an action, process, or medication, often highlighting the serendipitous nature of some outcomes.