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Chester Company Has Established Internal Control Policies and Procedures in Order

Question 57

Multiple Choice

Chester Company has established internal control policies and procedures in order to achieve the following objectives:
1) Effective evaluation of management performance.
2) Assure that the accounting records contain reliable information.
3) Safeguard the company's assets.

Which of these objectives are achieved by accounting controls?


A) Objectives 1 and 2
B) Objectives 2 and 3
C) Objectives 3 and 4
D) All four objectives

Correct Answer:

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