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:

Reconstruction Acts

Legislation passed after the Civil War that outlined the process for re-admitting Southern states into the Union, while also establishing conditions for suffrage and civil rights for formerly enslaved people.

Civil Rights Act

A landmark piece of legislation in the United States that outlaws discrimination based on race, color, religion, sex, or national origin.

Congress

A national legislative body, particularly in the United States, composed of the Senate and the House of Representatives.