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Internal Control Relates to an Organization's Achievement of Objectives in Three

Question 4

Multiple Choice

Internal control relates to an organization's achievement of objectives in three major categories.Which of the following pairs gives an example of two controls that fulfill a single category?


A) Fulfilling the requirements of the Foreign Corrupt Practices Act, developing a clear job description for each position in the company
B) Developing a clear job description for each position in the company, calculating profits on the accrual basis
C) Fulfilling the requirements of the Foreign Corrupt Practices Act, calculating profits on the accrual basis
D) Ensuring that plant assets are listed on the balance sheet at their net book value, listing appropriate assets at their current market value

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