Asked by Vanessa Ramirez on Jun 24, 2024
Verified
Internal control occurs when ___.
A) motivated individuals and groups are supervised directly
B) computers are used to monitor performance inside the organization
C) motivated individuals and groups exercise self-discipline in fulfilling job requirements
D) managers take responsibility for the activities in their own departments
E) motivated managers defend the organization against outside competitive attacks
Internal Control
Processes and procedures implemented by an organization to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
- Acquire knowledge on the principles and functionalities of internal and external governance mechanisms in organizations.
- Perceive the factors that strengthen the possibilities for autonomy in organizational environments.
Verified Answer
AG
Anastasia GukovskayaJun 27, 2024
Final Answer :
C
Explanation :
Internal control refers to the processes, procedures, and activities implemented by an organization to ensure that its objectives are achieved effectively and efficiently. Motivated individuals and groups exercising self-discipline in fulfilling job requirements is a key aspect of internal control, as it helps to prevent errors, fraud, and other undesirable outcomes. While the other options may also be important aspects of internal control, they are not as fundamental as self-discipline among employees.
Learning Objectives
- Acquire knowledge on the principles and functionalities of internal and external governance mechanisms in organizations.
- Perceive the factors that strengthen the possibilities for autonomy in organizational environments.
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