Internal control systems provide assurance in each of the following areas except
A)effectiveness and efficiency of the company's operations.
B)compliance with applicable laws and regulations.
C)consolidation of departments within the accounting function.
D)reliability of financial reporting.

Question

Quizplus · Accepted Answer

Internal control systems provide assurance in the effectiveness and efficiency of operations, compliance with laws and regulations, and reliability of financial reporting. They do not directly involve consolidation of departments within the accounting function.

Internal Control Systems Provide Assurance in Each of the Following