Accounting · Internal Control System
The main objective of an internal control system is to:
- 1Detect and monitor employee absenteeism.
- 2Replace the need for external audits completely.
- 3Provide reasonable assurance that business objectives are achieved efficiently and effectively.✓
- 4Guarantee that no fraud or error ever occurs.
Correct answer
Provide reasonable assurance that business objectives are achieved efficiently and effectively.
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