The objectives of internal control do NOT include:
A)compliance with standards of social responsibility.
B)safeguard assets.
C)promoting operational efficiency.
D)compliance with legal requirements.

Question

Quizplus · Accepted Answer

The objectives of internal control typically include safeguarding assets, ensuring compliance with legal requirements, and promoting operational efficiency. However, they do not explicitly include compliance with standards of social responsibility, which may be more aligned with the broader goals and values of an organization rather than the specific objectives of internal control.

The Objectives of Internal Control Do NOT Include