Internal Control Is a Process Effected by the Organization's Board

question 105

Multiple Choice

Internal control is a process effected by the organization's board of directors,management,and other personnel to provide reasonable assurance of achieving certain objectives.Which of the following does not fit into one of these categories of objectives?

• A)Reliability of financial reporting.
• B)Compliance with laws and regulations.
• C)Continuing existence.
• D)Effectiveness and efficiency of operations.

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The method of obtaining new comprehension, knowledge, conduct, capabilities, beliefs, or inclinations.

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