Regarding the Cost-Benefit Concept,which of the Following Statements Is True

Multiple Choice

Regarding the cost-benefit concept,which of the following statements is true?

A) Every control procedure that offers benefits to a company should be implemented into the company's system
B) An optimal internal control package is developed for a company's system by implementing a standardized package of control procedures
C) A control procedure is considered cost effective if it can be determined that the cost of operating the procedure will be lower in the current period than in the previous period
D) A control procedure is considered cost effective when its anticipated benefits exceed its anticipated costs