A traditional definition of internal control specifically includes all of the following features except
a. adherence to prescribed managerial policies.
b. promotion of operational efficiency.
c. reliability of accounting data.
d. maintenance of a clean and safe workplace.
D
You might also like to view...
Which of the following is most likely true of a sales force?
A) The performance difference between an average salesperson and a top salesperson is generally substantial. B) The cost of replacing a salesperson is usually low because minimal training is necessary. C) A sales force with many new people is typically more productive than one whose members have been around for a long time. D) Individuals within a sales force generally perform at the same level of efficiency. E) On-site sales training is more efficient and less costly than e-learning programs.
In planning and managing the requirements of a firm, the financial manager is concerned with ________
A) the mix and type of assets, but not the type of financing utilized B) the type of financing utilized, but not the mix and type of assets C) the acquisition of fixed assets, allowing someone else to plan the level of current assets required, and the market value of the share D) the mix and type of assets, the type of financing utilized, and analysis in order to monitor the financial condition