Which of the following is not one of COSO's objectives for internal controls?
A) Efficiency and effectiveness of operations.
B) Reliability of financial reporting.
C) Maximization of profit.
D) Compliance with applicable laws and regulations.
Correct Answer:
Verified
Q90: The purpose of separating the duties of
Q91: Which of the following statements is not
Q92: When completing the audit of internal controls
Q93: When completing the audit of internal controls
Q94: When completing the audit of internal controls
Q96: An action taken to prevent,detect,and correct errors
Q97: The most efficient means of gathering evidence
Q98: Accounting for the numerical sequence of shipping
Q99: AS 5 requires the audit team to
Q100: Which of the following information would be
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents