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Management Typically Has the Following Three Concerns, or Broad Objectives

Question 7

Multiple Choice

Management typically has the following three concerns, or broad objectives, in designing an effective control system: 1. Reliability of financial reporting
2) Efficient and effective operations
3) Compliance with applicable laws and regulations
4) Maximise profit for stakeholders


A) 2, 3, 4
B) 1, 2, 4
C) 1, 2, 3
D) 1, 3, 4

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