Hyperion Company Has Established Internal Control Policies and Procedures in Order

Multiple Choice

Hyperion Company has established internal control policies and procedures in order to achieve the following objectives:
(1) Safeguard the company's assets
(2) Assure that the accounting records contain reliable information
(3) Evaluate management performance effectively
(4) Assure that employees comply with company policies
Which of these objectives are primarily achieved by accounting controls?

A) Objectives 1 and 2
B) Objectives 2 and 3
C) Objectives 3 and 4
D) Objectives 1 and 4