Which of the Following Is NOT a Design Feature of Effective

question 4

Multiple Choice

Which of the following is NOT a design feature of effective internal controls?

• A)Allow greater reliance by investors on reported financial statements.
• B)Prevent fraudulent or errant financial reporting.
• C)Ensure the company's price advantage over competitors.
• D)Prevent misuse of company funds by employees.

---

Definitions:

Judgment As a Matter of Law

A judicial decision made by a court for one party without a full trial, based on legal principles, often in response to a motion for summary judgment.

Motion

An official appeal submitted to a judicial body seeking a judgment or decree that benefits the requester.

Judgment Reconsideration

A legal request for a court to reevaluate its decision or ruling on a case, often due to new evidence or arguments.

Appellate Court Decision

The judgment or decision given by an appellate court, which reviews the decisions of lower courts.