Internal control relates to an organization’s achievement of objectives in three major categories. Which of the...

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Accounting

Internal control relates to an organization’s achievement ofobjectives in three major categories. Which of the following bestpairs one of the categories with a specific example?

Effectiveness & efficiency of operations, fulfilling therequirements of the Foreign Corrupt Practices Act

Effectiveness & efficiency of operations, listingappropriate assets at their current market value

Reliability of financial reporting, fulfilling the requirementsof the Foreign Corrupt Practices Act

Reliability of financial reporting, listing appropriate assetsat their current market value

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The correct answer for the question is Option D Reliability of Financial reporting listing appropriate assets at their current Market value This statement is trueOne of the most    See Answer
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