Question: 1 . Internal control is defined as the procedures and processes used by a company to _ _ _ _ _ . a . safeguard

1.Internal control is defined as the procedures and processes used by a company to _____.
a. safeguard its assets.
b. process information accurately.
c. ensure compliance with laws and regulations.
d. All of these are correct.
abcd
2.The purpose of the _____ is to foster public confidence and trust in the financial reporting of companies.
a. Sherman Antitrust Act
b. Sarbanes-Oxley Act
c. Accounting Reformation Act
d. Internal Control Act
abcd

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