Internal Control Does NOT Consist of Policies and Procedures That

question 38

Multiple Choice

Internal control does NOT consist of policies and procedures that

• A)guarantee the company will not go bankrupt.
• B)ensure that laws and regulations are being followed.
• C)protect assets from misuse.
• D)ensure that business information is accurate.

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Definitions:

Domains

Broad areas or categories within a field of study or activity, often used to classify and organize information or phenomena.

Agreeableness

A personality trait typified by compassion, cooperativeness, and a harmonious attitude toward others.

Antagonism

Hostility or opposition between individuals or groups, often resulting in conflict or resistance.

Trait Domains

Categories or clusters of personality traits that share similar characteristics or themes.