Proper internal controls can
A) safeguard assets from theft and waste.
B) increase operating efficiency.
C) provide investors with reassurance.
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Proper internal controls are designed to safeguard assets from theft and waste, increase operating efficiency by ensuring that resources are used effectively, and provide investors and other stakeholders with reassurance about the accuracy of financial reports and the efficiency of operations.

Proper Internal Controls Can