Question

HexaCo has various policies and procedures pertaining to the company’s operations. Policies and procedures that management uses to provide reasonable assurance that the entity’s objectives will be achieved are referred to as:____________

Answer 1

The correct answer is Control Activities.

Step-by-step explanation:

Control activities are determined under quality and efficiency scenarios, where best practices are foreseen within the organizational environment and in the execution of work. What is sought with these activities is to inform employees of the level they reach in the development of their functions, in order to make work subject to certain rules that in the long term become routine. This practice assures management of a certainty that the functions are performed under a series of tolerable parameters and therefore benefits everyone.