All of the following are objectives of internal control except a. To ensure accurate and reliable accounting
Question:
All of the following are objectives of internal control except
a. To ensure accurate and reliable accounting records.
b. To comply with legal requirements.
c. To maximize net income.
d. To safeguard assets.
Answer each question by selecting the best choice from among the options given.
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Answer Internal control is the process designed implemented maintained by those charge...View the full answer
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Prabhu Shankar Kumar Jha
I'm teaching the students in field of accounting, taxation finance & coat accounting etc. I have more than 4 years of teaching experience however previously iam worked as associate business advisor.
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Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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