Which of the following is NOT one of the purposes of internal control?
A) To encourage employees to follow company policy
B) To guarantee that a business makes a profit
C) To safeguard the company's assets
D) To ensure accurate, reliable accounting records
Correct Answer:
Verified
Q2: It is always the auditor's responsibility to
Q4: Internal auditors evaluate company controls to ensure
Q9: Which of the following is NOT a
Q10: Which of the following is a general
Q11: Which of the following is TRUE of
Q13: Reducing expense to increase operating profit is
Q13: External auditors monitor company controls to safeguard
Q15: Which of the following statements about internal
Q17: Which of the following is NOT one
Q17: Mandatory vacations and job rotation improve internal
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