Internal controls are policies and procedures designed to safeguard the organisation's assets, ensure accuracy of accounting records, promote operational efficiency, and optimize the use of resources. Hence, their objective is broader than any single function.
What are the internal controls designed to do ?
CUET UG 2022 — Accountancy Computerised Accounting
2022mcqeasy
What are the internal controls designed to do ?
Official previous-year question
Held on 30 Aug 2022 · Verified 13 Jul 2026.
Options
- A
Only ensure accurate accounting records
- B
Safeguard assets and optimize use of resource
- C
Only safeguard assets
- D
Only achieve maximum revenue
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