The objectives of a company’s system of internal control include all of the following except:
A. completing work efficiently and effectively and protecting assets by reducing the risk of fraud.
B. producing reliable and timely accounting information for use by people internal and external to the organization.
C. ensuring the company’s stock price provides a reasonable return to investors.
D. adhering to laws and regulations.
Answer:C
The objectives of a company’s system of internal control include all of the following except:
A. completing work efficiently and effectively and protecting assets by reducing the risk of fraud. B. producing reliable and timely accounting information for use by people internal and external to the organization. C. ensuring the company’s stock price provides a reasonable return to investors. D. adhering to laws and regulations.