Internal controls are not designed to safeguard assets from
A) natural disasters.
B) employee theft.
C) robbery.
D) unauthorized use.

Question

Quizplus · Accepted Answer

Internal controls are designed to safeguard assets from risks such as employee theft, robbery, and unauthorized use. However, internal controls cannot protect assets from natural disasters, which are beyond human control. Measures such as insurance policies and disaster recovery plans are used to manage risks associated with natural disasters.

Internal Controls Are Not Designed to Safeguard Assets from