An internal control system consists of the policies and procedures managers use to do all of the following except:
A) Ensure reliable accounting.
B) Promote efficient operations.
C) Determine pricing for products.
D) Urge adherence to company policies.
E) Protect assets.

Question

Quizplus · Accepted Answer

The internal control system ensures reliable accounting, promotes efficient operations, urges adherence to company policies, and protects assets. However, determining pricing for products is not generally a function of internal control. That is typically the responsibility of marketing or sales departments.

An Internal Control System Consists of the Policies and Procedures