The main purposes of internal controls include all of the following except:
A)prevention of error,theft,and fraud.
B)promotion of operational efficiency.
C)ensuring compliance with laws and regulations.
D)providing more favorable financial information.

Question

Quizplus · Accepted Answer

Reporting objectives include producing reliable and timely accounting information for use by people internal and external to the organization.Providing more favorable financial information is not one of the main purposes of internal controls.

The Main Purposes of Internal Controls Include All of the Following