A strong internal control structure:
A) Contributes to the accuracy and reliability of the accounting records.
B) Will prevent a business from operating at a loss.
C) Assures that a business will remain solvent.
D) Will prevent fraud, theft, and embezzlement.

Question

Quizplus · Accepted Answer

A strong internal control structure helps ensure the accuracy and reliability of accounting records by providing checks and balances that detect and prevent errors and irregularities. However, it cannot guarantee profitability, solvency, or completely prevent fraud.

A Strong Internal Control Structure