Click to watch the Tell Me More Learning Objective 1 video and then answer the questions below. 1. Internal control is defined as the procedures and processes used by a company to a. safeguard its assets. b. process information accurately. c. ensure compliance with laws and regulations. d. All of these choices are correct. maintain public confidence and trust in the financial reporting of companies. 2. The purpose of the a. Sherman Antitrust Act b. Sarbanes-Oxley Act c. Accounting Reformation Act d. Internal Control Act of 2002