A primary purpose of internal controls is to
A) Form a basis for evaluating employees.
B) Monitor production quality.
C) Avoid clerical errors.
D) Meet objectives of maintaining reliable documents and records and accurate financial reporting.

Question

Quizplus · Accepted Answer

Internal controls aim to ensure that financial records and reports are dependable and accurate. While internal controls may help evaluate employee performance, monitor production quality, and prevent clerical errors, these are not the primary purposes of internal controls.

A Primary Purpose of Internal Controls Is to