Internal controls are designed to accomplish five objectives that include compliance with legal requirements,promote operational efficiency,safeguard assets,encourage employees to follow company policy and:
A)prevent misappropriation of assets.
B)prevent collusion.
C)prevent fraud.
D)ensure accurate,reliable accounting records.

Question

Quizplus · Accepted Answer

Internal controls are designed to ensure accurate and reliable accounting records, which is one of the key objectives alongside compliance, efficiency, safeguarding assets, and adherence to policies.

Internal Controls Are Designed to Accomplish Five Objectives That Include