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) Operational Effectiveness.
D) All of the above.

Question

Quizplus · Accepted Answer

Internal control is a process designed to achieve objectives in all of the following categories, including reliability of financial reporting, compliance with applicable laws, and operational effectiveness. Therefore, the best choice is D, as it includes all of the above options.

Internal Control Is a Process Designed to Achieve Objectives in Which