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

Question

Quizplus · Accepted Answer

A strong internal control structure contributes to the accuracy and verifiability of the accounting records. It does not necessarily prevent a business from operating at a loss, ensure the business will remain solvent, or completely prevent fraud, theft, and embezzlement, but it can help detect and mitigate these risks.

A Strong Internal Control Structure