Which of the Following Statements About Internal Control Is True

question 110

Multiple Choice

Which of the following statements about internal control is true?

• A)Internal auditors ensure that the employees follow company policies.
• B)The treasurer and controller have the same responsibilities.
• C)External auditors are employees of the company.
• D)The control procedures are known as the "tone at the top."

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Definitions:

Utilize Technology

The process of using technological tools and systems to improve efficiency, solve problems, and achieve objectives within various contexts.

Analyze Information

The process of examining data methodically to understand its meaning and make informed decisions.

Information Technology

The employment of computers, storage systems, networking, and various physical devices, infrastructure, and procedures for the generation, processing, storing, securing, and sharing of all types of electronic data.

Communicate

The act of exchanging information, ideas, or feelings between individuals or groups, using various modes such as writing, speaking, or through digital platforms.