SOFE
AFE · Question #88
A process designed to provide reasonable assurance about the achievement of the entity's objectives with regard to reliability of financial reporting, effectiveness and efficiency of operations is…
The correct answer is C. Internal control. See the full explanation below for the reasoning.
Question
A process designed to provide reasonable assurance about the achievement of the entity's objectives with regard to reliability of financial reporting, effectiveness and efficiency of operations is called:
Options
- AExternal control
- BInternal auditing
- CInternal control
- DNone of the above
How the community answered
(35 responses)- A14% (5)
- B6% (2)
- C77% (27)
- D3% (1)
Community Discussion
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