What are the internal controls designed to do ? Option 1: Only ensure accurate accounting records Option 2: Safeguard assets and optimize use of resource Option 3: Only safeguard assets Option 4: Only achieve maximum revenue

The answer is 'Safeguard assets and optimize use of resource'. View full solution:

CUET Accountancy - What are the internal controls designed to do ? | PYQs + Solutions

CUET Accountancy 2022 30 Aug Shift 2

Computerised Accounting

Easy

Only ensure accurate accounting records

Safeguard assets and optimize use of resource

Only safeguard assets

Only achieve maximum revenue

✅ Correct Option: 2