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Internal Controls Have Four Fundamental Purposes

Question 48

Multiple Choice

Internal controls have four fundamental purposes.Which of the following pairs an internal control for XBRL with an appropriate purpose of internal control?


A) Electronic tagging, promoting operating efficiency
B) Centralized approval process for taxonomy additions, safeguarding assets
C) Both electronic tagging, promoting operating efficiency and centralized approval process for taxonomy additions, safeguarding assets
D) Neither electronic tagging, promoting operating efficiency nor centralized approval process for taxonomy additions, safeguarding assets

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