Managers place a high priority on internal control systems because the systems assist managers in all of the following except:
A) Upholding company policies.
B) Assuring that no loss will occur.
C) Promoting efficient operations.
D) Ensuring reliable accounting.
E) Protecting assets.

Question

Quizplus · Accepted Answer

While internal control systems can help minimize the risk of loss, they cannot guarantee that no loss will occur. Internal control systems are designed to uphold company policies, promote efficient operations, ensure reliable accounting, and protect assets.

Managers Place a High Priority on Internal Control Systems Because