In establishing an effective internal control structure, management should:
A) Establish a good control environment.
B) Provide an effective accounting system.
C) Integrate control procedures into the control environment and accounting system.
D) All of the above.
E) None of the above

Question

Quizplus · Accepted Answer

An effective internal control structure requires a good control environment, an effective accounting system, and the integration of control procedures into both the control environment and accounting system. All these elements work together to ensure the reliability of financial reporting, compliance with laws and regulations, and the efficient and effective operation of the organization.

In Establishing an Effective Internal Control Structure, Management Should