Which of the Following Is True of Internal Control

question 159

Multiple Choice

Which of the following is true of internal control?

• A)A company's outside auditor is responsible for the company's internal control system.
• B)One of the major purposes of internal control is to ensure that the assets are safeguarded.
• C)Internal control procedures tend to diminish the importance of operational efficiency.
• D)Internal controls are only necessary for public companies.

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Appointed officials who serve in the United States federal courts, including the Supreme Court, Appeals Courts, and District Courts, responsible for interpreting and applying federal laws.

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