An organization's system of internal control is designed primarily to:
A)ensure that no employees steal the organization's property.
B)increase efficiency by letting one employee handle all aspects of a transaction from beginning to end.
C)ensure that the organization's balance sheet will always balance.
D)provide an operating framework for all employees as they work to achieve the organization's goals.

Question

Quizplus · Accepted Answer

Internal control systems are designed to provide a framework that helps ensure the organization's goals are achieved, including reliability of financial reporting, compliance with laws and regulations, and efficient operations.

An Organization's System of Internal Control Is Designed Primarily To