Acc201 ch7 - Study guides, Class notes & Summaries
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ACC201 ch7 Quiz 2023 Update
- Exam (elaborations) • 5 pages • 2023
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Multiple Choice Question 43 
Which one of the following is not an objective of a system of internal controls? 
a. Safeguard company assets. 
b. Reduce the risks of errors. 
c. Enhance the accuracy and reliability of accounting records. - ANS-All of these are 
objectives of internal control. 
Multiple Choice Question 48 
Internals control are concern with - ANS--safeguard assets 
-enhance the reliability of accounting records 
-increase the efficiency of operations 
-ensure compliance with laws ...
-
ACC201 ch7 Quiz
- Exam (elaborations) • 5 pages • 2023
-
- $9.99
- + learn more
Multiple Choice Question 43 
Which one of the following is not an objective of a system of internal controls? 
a. Safeguard company assets. 
b. Reduce the risks of errors. 
c. Enhance the accuracy and reliability of accounting records. - ANS-All of these are 
objectives of internal control. 
Multiple Choice Question 48 
Internals control are concern with - ANS--safeguard assets 
-enhance the reliability of accounting records 
-increase the efficiency of operations 
-ensure compliance with laws ...
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