Question: Objectives of internal control do not include: reliable financial reporting. earning revenue. compliance with laws and regulations. O effective and efficient operations. Independent internal reviews

revenue. compliance with laws and regulations. O effective and efficient operations. Independent

Objectives of internal control do not include: reliable financial reporting. earning revenue. compliance with laws and regulations. O effective and efficient operations. Independent internal reviews of performance or records are not involved when an independent person: O is responsible for making sales and recording the entries in the books. O reconciles the cash balance per books with the cash balance per the bank. O reviews the accounts receivable subsidiary ledger. O makes a surprise count of the petty cash fund

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