As a Business Grows and the Owner Must Rely More

question 32

Multiple Choice

As a business grows and the owner must rely more on others to help in managing operations, internal control becomes:

• A) unnecessary.
• B) less important.
• C) more important.
• D) business growth has no effect on the importance of internal control.

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Definitions:

Lifetime

The duration or extent of time that an individual exists or a specific entity or event occurs.

Increased

Describes a process or trend where there is an augmentation or rise in the level, number, or amount of something.

Lifetime

The duration or period from an individual's birth to their death, or the existence span of an object or concept.

Increased

Describes a situation or quantity that has grown or become larger or greater in size, amount, intensity, or degree.