Accounting · Internal Control
Which one of the following is NOT an aim of internal controls within an organisation?
- 1To help ensure compliance with applicable laws and regulati ons
- 2To help ensure the quality of internal and external reporti ng
- 3To eliminate the possibility of impacts from poor judgement and human error✓
- 4To enable the organisation to respond appropriately to business, operational, and financial risks
Correct answer
To eliminate the possibility of impacts from poor judgement and human error
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