Which of the following best describes the objectives of internal controls? O Ensuring the compliance with tax regulation O Enhancing the health of the employees O Safeguarding assets and improving the accuracy and the reliability of financial information. Ensuring the business is profitable.

Which of the following best describes the objectives of internal controls? O Ensuring the compliance with tax regulation O Enhancing the health of the employees O Safeguarding assets and improving the accuracy and the reliability of financial information. Ensuring the business is profitable.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Which of the following best describes the objectives of internal controls?
O Ensuring the compliance with tax regulation
O Enhancing the health of the employees
O Safeguarding assets and improving the accuracy and the reliability of financial information.
O Ensuring the business is profitable.
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4.
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