Safeguarding assets is one of the primary purposes of internal control.Which of the following is not one of the other primary purposes?
A)providing accurate and reliable accounting records
B)promoting operational efficiency
C)ensuring that no fraud has occurred
D)encouraging adherence to management policies

Question

Quizplus · Accepted Answer

The other primary purposes of internal control include providing accurate and reliable accounting records, promoting operational efficiency, and encouraging adherence to management policies. While internal control measures can help detect and prevent fraud, this is not necessarily one of its primary purposes.

Safeguarding Assets Is One of the Primary Purposes of Internal