A system of internal control is described as:
A) including aspects of administrative controls and accounting controls.
B) all procedures adopted by an entity to control its activities and protect its assets.
C) all measures used by a business to promote the reliability of accounting data.
D) all of these options.

Question

Quizplus · Accepted Answer

A system of internal control includes aspects of administrative controls and accounting controls, as well as all procedures adopted by an entity to control its activities and protect its assets. Additionally, it encompasses all measures used by a business to promote the reliability of accounting data. Therefore, option D, which includes all of these options, is the best choice.

A System of Internal Control Is Described As