One of management's broad objectives in designing an effective internal control system is to help ensure that the organization follows laws and regulations impacting the organization.

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Quizplus · Accepted Answer

One of the main objectives of an effective internal control system is to ensure compliance with laws and regulations that impact the organization. This is important to avoid legal and financial penalties, reputational damage, and other negative consequences. Therefore, it is true that management seeks to achieve this objective through the design, implementation, and monitoring of an internal control system.

One of Management's Broad Objectives in Designing an Effective Internal