Internal control is often referred to as a(n)__________,because it permeates an organization's operating activities and is an integral part of basic management activities.
A)event
B)activity
C)process
D)system

Question

Quizplus · Accepted Answer

Internal control is a process designed and implemented by management to provide reasonable assurance that an organization's objectives will be achieved effectively and efficiently. It involves a range of activities and processes that pervade an organization's operations and are integral to its management function. Thus, option C is the best choice as it directly describes internal control as a process.

Internal Control Is Often Referred to as A(n)__________,because It Permeates