Which is NOT an objective of an internal control system?
A) Safeguarding of assets
B) Compliance with company policies
C) Compliance with legal requirements
D) Risk minimization

Question

Quizplus · Accepted Answer

Risk minimization is not a primary objective of an internal control system; rather, internal controls focus on safeguarding assets, ensuring compliance with policies and legal requirements, and ensuring accurate financial reporting.

Which Is NOT an Objective of an Internal Control System