Multiple Choice
Which one of the following is not an objective of a system of internal controls?
A) Safeguard company assets
B) Overstate liabilities in order to be conservative
C) Enhance the accuracy and reliability of accounting records
D) Reduce the risks of errors
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q149: The custodian of the petty cash fund
Q150: Hannah Company needs to make adjusting entries
Q151: An exception to disbursements being made by
Q152: Which of the following would not be
Q153: Related selling activities do not include<br>A) ordering
Q155: Checks from customers who pay their accounts
Q156: A petty cash fund of $100 is
Q157: A petty cash fund should not be
Q158: Storing cash in a company safe is
Q159: From an internal control standpoint the asset