Internal Control Is a Process Designed to Achieve Objectives in Which

question 9

Multiple Choice

Internal control is a process designed to achieve objectives in which one of the following categories?

• A)reliability of financial reporting
• B)compliance with applicable laws
• C)ineffectiveness of operations
• D)both A and B

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Definitions:

Conglomerate

A coarse-grained sedimentary rock composed of rounded clasts cemented together.

Breccia

A sedimentary rock composed of broken fragments of minerals or rocks cemented together by a fine-grained matrix.

Sandstone

A sedimentary rock composed mainly of sand-sized minerals or rock grains, often used in construction due to its durability.

Conglomerate

A coarse-grained sedimentary rock composed of rounded clasts bonded together by a matrix of finer-grained particles and cement.