Which of the following is true about a system of internal control?
A.
Internal control should be updated at least annually.
B.
Technology does not change the internal control landscape.
C.
Strategy should fit the system of internal control.
D.
Articulating measurable objectives is part of internal control.
The Answer Is:
D
This question includes an explanation.
Explanation:
The statement that articulating measurable objectives is part of internal control is true. A system of internal control is designed to help an organization achieve its objectives, and these objectives need to be clearly stated and measurable to effectively assess and control risks related to them.
COSO Framework for Internal Control, which emphasizes the importance of clear, measurable objectives in effective internal control systems.
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