Question:
What is the primary role of internal controls in managing a business?
a. to prevent cash from being stolen
b. to ensure that the financial statemnts are presented in such a manner as to provide relevant and relaible information for financial statement users and the companys creditors
C. To constrain subordinates actitivies in order to prevent empolyees from deviating from the scope of their responabilities and encouraging them to act in the best interest of the business.
d. to encourage theft and to ensure that segration of duties does not take place