Which of the Following Is One of the Purposes of Internal

question 63

Multiple Choice

Which of the following is one of the purposes of internal control?

• A)to encourage employees to follow company policy
• B)to ensure timely payment of Accounts Payables
• C)to ensure timely collection of Accounts Receivable
• D)to guarantee that a business makes a profit

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Definitions:

Intuition

The capacity to grasp or comprehend something right away, without requiring conscious thought.

Managers

Individuals responsible for planning, leading, organizing, and controlling resources to achieve organizational goals efficiently and effectively.

Self-esteem

A person's overall subjective assessment of their own worth and capabilities.

Deescalate

The process of reducing the intensity of a conflict or potentially volatile situation, aiming to prevent it from worsening or leading to aggressive outcomes.