Effective internal controls are designed to help organizations achieve which of the following objectives?
A)Reliability of financial reporting
B)Efficiency and effectiveness of operations
C)Compliance with applicable laws and regulations
D)All of the above

Question

Quizplus · Accepted Answer

Effective internal controls are designed to achieve all of the above objectives, including reliability of financial reporting, efficiency and effectiveness of operations, and compliance with applicable laws and regulations. By implementing strong internal controls, organizations can ensure that their financial statements are accurate, their operations are optimized, and they are adhering to legal and regulatory requirements.

Effective Internal Controls Are Designed to Help Organizations Achieve Which