The Internal Control Objective of 'Classified' Means There Are Controls

question 59

Multiple Choice

The internal control objective of 'classified' means there are controls in place to ensure that

• A) fictitious or duplicate transactions are not included in the books of an organization.
• B) correct amounts are assigned to transactions.
• C) transactions are recorded in the correct accounting period.
• D) transactions are charged and allocated to the correct general ledger account.

---

Definitions:

Demyelinates

Demyelination refers to the process by which the myelin sheath, a protective covering of the nerve fibers in the brain and spinal cord, is damaged or destroyed, affecting the conduction of nerve impulses.

Somatic Motor Neurons

Neurons that transmit impulses from the central nervous system to skeletal muscles, facilitating voluntary muscle movements.

Schwann Cells

Specialized cells in the peripheral nervous system that wrap around nerve fibers, providing electrical insulation and helping in the regeneration of damaged nerves.

Oligodendrocytes

Glial cells in the central nervous system that produce myelin, the insulating layer around neurons.