Hanover Company Has Established Internal Control Policies and Procedures in Order

question 76

Multiple Choice

Hanover Company has established internal control policies and procedures in order to achieve the following objectives: 1) Safeguard the company's assets.
2) Assure that the accounting records contain reliable information.
3) Effective evaluation of management performance.
4) Assure that employees comply with company policy.
Which of these objectives are achieved by accounting controls?

• A)Objectives 1 and 2
• B)Objectives 2 and 3
• C)Objectives 3 and 4
• D)All four objectives

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