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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 6: The Challenges of Accounting: Standards, Internal Control, Audits, Fraud, and Ethics
  5. Question
    A Good Internal Control System Does Which of the Following
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A Good Internal Control System Does Which of the Following

Question 69

Question 69

Multiple Choice

A good internal control system does which of the following?


A) Guarantees the efficiency and effectiveness of operations
B) Reduces the risk of undetected errors
C) Provides absolute assurance that no errors will occur
D) Guarantees that fraud will be prevented

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