Examlex
Which of the following is not an objective of internal control?
Profit
Profit represents the financial gain obtained when the revenue from business activities exceeds the expenses, costs, and taxes involved in operating the business.
Industry Supply
The total output of a specific good or service that all producers in an industry are willing to sell at different price levels.
Industry Demand
The total demand for the products or services produced by a specific industry, reflecting the collective demand of all consumers in the market.
Losses
Financial deficits that occur when the costs of operating a business exceed the revenue generated from selling goods or services.
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