Internal controls are concerned with all of the following except
A) computerized systems of accounting.
B) effective and efficient operations.
C) ensuring reliable financial reporting.
D) compliance with relevant laws and regulations.

Question

Quizplus · Accepted Answer

Internal controls are primarily concerned with ensuring effective and efficient operations, reliable financial reporting, and compliance with laws and regulations, rather than the specific type of accounting system used, such as computerized systems.

Internal Controls Are Concerned with All of the Following Except