The Objectives of Internal Control Are to

question 35

Multiple Choice

The objectives of internal control are to

• A) control the internal organization of the accounting department personnel and equipment
• B) provide reasonable assurance that assets are safeguarded and used for business purposes, business information is accurate, and laws and regulations are complied with
• C) prevent fraud, and promote the social interest of the company
• D) provide control over "internal-use only" reports and employee internal conduct

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Definitions:

Left Cerebral Hemisphere

The left cerebral hemisphere is the half of the human brain that is typically associated with analytical thought, language, and logic.

Posterior Cerebral Hemisphere

Refers to the back portion of the cerebral hemisphere, responsible for processing visual and spatial information.

Central Cerebral Hemisphere

The left and right hemispheres of the brain, responsible for various cognitive, sensory, and motor functions.

Right Cerebral Hemisphere

The half of the brain that is typically associated with creativity, spatial ability, visual imagery, and the processing of music and nonverbal content.