Which of the Following Is NOT One of the Benefits

question 18

Multiple Choice

Which of the following is NOT one of the benefits provided by internal control?

• A) To reduce waste
• B) To insure that better business decisions are made
• C) To offer protection against theft
• D) To reduce inefficiency

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Definitions:

Return On Equity

Net income divided by owners’ equity; also called return on investment (ROI).

Revenue Accounts

Accounts that track the income generated from the sale of goods or services before any expenses are subtracted.