Which of the Following Statements About Internal Control Is FALSE

question 93

Multiple Choice

Which of the following statements about internal control is FALSE?

• A) Internal auditors insure that employees follow company policies.
• B) The treasurer is the officer ultimately responsible for writing of checks.
• C) External auditors are employees of the company.
• D) The control environment is known as the "tone at the top."

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Definitions:

Initial Expression

The starting point or condition often used in the initialization of a programming loop or construct.

For Loop

A For Loop is a control flow statement in programming that repeatedly executes a block of code a set number of times.

Update Expression

In programming, an expression within a loop that modifies the loop's controlling variable to progress towards the loop's termination condition.

For Loop

A programming structure that repeats a block of code a specified number of times or until a particular condition is met.