Multiple Choice
Which of the following is not a limitation of internal control?
A) Cost of establishing control procedures should not exceed their benefit.
B) The human element.
C) Collusion.
D) The size of the company.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q23: Internal auditors<br>A) are hired by CPA firms
Q41: Checks received in the mail should be
Q103: In the month of November, Gavin Company
Q105: Which of the following is <b>not</b> an
Q106: Ferguson Company is preparing a cash budget
Q107: Which of the following is <b>not</b> a
Q108: The use of prenumbered checks is an
Q109: Petersen Company is preparing a cash budget
Q153: Related selling activities do not include<br>A) ordering
Q184: A debit balance in Cash Over and