Three Objectives of a Company's Internal Control System Should Be

Multiple Choice

Three objectives of a company's internal control system should be safeguarding assets, checking the accuracy and reliability of accounting data, and promoting operational efficiency.A fourth objective of a company's internal control system should be:

A) Preventing embezzlement of assets
B) Encouraging adherence to prescribed managerial policies
C) Avoiding the payment of overtime to company employees
D) Revising standards for production costs on a weekly basis