Well-designed internal controls promote: (Select all that apply.)
A) Legal compliance and file integrity.
B) Opportunities for defalcation.
C) Protection against embezzlement.
D) Audit trail support.

Question

Quizplus · Accepted Answer

Well-designed internal controls should promote legal compliance and file integrity, protection against embezzlement, and audit trail support. The goal of internal controls is to prevent fraudulent behavior and ensure the accuracy and completeness of financial information. Therefore, options A, C, and D are all correct. Option B is incorrect as internal controls should not create opportunities for defalcation (theft of funds).

Well-Designed Internal Controls Promote: (Select All That Apply.)