The business process objectives that an internal control system is designed to achieve are:
A) control goals
B) control plans
C) general controls
D) the control matrix

Question

Quizplus · Accepted Answer

Internal control systems are designed to achieve control goals, which are the specific objectives that the system seeks to accomplish. These may include objectives such as ensuring the accuracy of financial statements, safeguarding assets from loss or theft, and promoting adherence to laws and regulations. Control plans, general controls, and the control matrix are all components of an internal control system, but do not represent the overall objectives of the system.

The Business Process Objectives That an Internal Control System Is