Which of the Following Is an Objective of Internal Control

question 19

Multiple Choice

Which of the following is an objective of internal control?

• A) to encourage employees to follow company policies
• B) to ensure timely payment of accounts payable
• C) to ensure timely collection of accounts receivable
• D) to guarantee that a business makes a profit

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Definitions:

Echoic Memory

A subset of sensory memory that deals with auditory information, allowing sounds and words to be remembered briefly after the original stimulus has ceased.

Auditory Stimuli

Sounds or noises that can elicit a response in the hearing organs and brain.

Sensory Register

The part of memory that holds information from the senses for a very short period of time, often just milliseconds.

Schema

A cognitive framework or concept that helps organize and interpret information in the brain.