Safeguarding assets is one of the control objectives of internal control. Which of the following is not one of the other control objectives?
A) providing accurate and reliable information
B) promoting operational efficiency
C) ensuring that no fraud has occurred
D) encouraging adherence to management policies
Answer: C) ensuring that no fraud has occurred
Business
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The Mail Order Merchandise Rule covers
A) all purchases by mail, voice phone, fax or the Internet. B) only purchases by mail, voice phone and fax. C) only purchases by mail and voice phone. D) only purchases by mail.
Business
To create a more ethical culture, management should do all of the following except ________
A) serve as a visible role model B) encourage unbridled competition C) provide ethical training D) communicate ethical expectations E) provide protective mechanisms
Business