Which of the following is not a primary concern of internal control?
A) Efficiency of company operations
B) Fairness of financial statements
C) Accuracy of accounting records
D) Safeguarding assets

Question

Quizplus · Accepted Answer

Internal control primarily focuses on the accuracy of accounting records, safeguarding assets, and efficiency of operations, rather than the fairness of financial statements, which is more related to external auditing and reporting.

Which of the Following Is Not a Primary Concern of Internal