Which of the Following Is Not an Element of Internal

question 9

Multiple Choice

Which of the following is not an element of internal controls?

• A) to protect assets from misuse
• B) ensure the accuracy of business information
• C) ensure that laws and regulations are followed
• D) ensure that company policies are in place to maximize profits

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Definitions:

Free Market

An economic system where prices are determined by unrestricted competition between privately owned businesses without government intervention.

Greenwashing

The practice of making misleading claims about the environmental benefits of a product, service, or company to present an eco-friendly image.

Environmentally-Friendly

Refers to products, policies, and practices that have minimal impact on the environment, aiming to conserve resources, reduce pollution, and protect natural habitats.

Polluters

Entities that release pollutants or contaminants into the environment, causing harm to ecosystems and human health.