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What category of internal control objectives

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Reference no: EM132914111

Problem 1: Internal controls are grouped into the following categories:

A. Production and operations, financial reporting, and management reporting.
B. Efficient operations, financial analysis, and management reporting.
C. Efficient operations, financial analysis and compliance.
D. Effective operations, financial reporting, and compliance.

Problem 2: Which of the following is NOT a method that is used to document accounting systems?

A. Document flowcharts
B. Questionnaires
C. Narratives Notes
D. Disclosure checklists

Problem 3: Soft controls are the intangible factors in an organisation that influence the behaviour of managers and employees. Which of the following is not a factor that influences the way people examine their control activities?

A. Clarity for directors, managers and employees as to what constitutes desirable and undesirable
B. Role modelling among administrators, management or immediate supervisors. behaviour.
C. Openness to discussion of viewpoints, emotions, dilemmas and transgressions
D. The objective of profit maximisation.

Problem 4: That companies must comply with many laws and regulations including company law, tax law and environmental protection regulations requires what category of internal control objectives?

A. Financial reporting
B. Effective operations.
C. Government reporting
D. Compliance.

Reference no: EM132914111

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