Question

A system of integrated elements acting together to provide reasonable assurance that an organization achieves business process goals is called: a) business security management. b) business practice management. c) internal control. d) enterprise resource planning

Answer 1

Internal control is a system of integrated elements that provide assurance for achieving business process goals.

Step-by-step explanation:

The correct answer is internal control. Internal control is a system of integrated elements that work together to provide reasonable assurance that an organization achieves its business process goals. It involves the policies, procedures, and processes implemented by management to mitigate risks and ensure the effectiveness and efficiency of operations. For example, internal control measures may include segregation of duties, authorization processes, physical safeguards, and regular monitoring and evaluation of business practices. These measures help safeguard assets, prevent fraud, and ensure accurate financial reporting.