Of the Following Statements About an Internal Control System,which One

Multiple Choice

Of the following statements about an internal control system,which one is correct?

A) The maintenance of the system of internal control is an important responsibility of the internal auditor.
B) Administrative controls relate directly to the safeguarding of assets.
C) Because of the cost/benefit relationship, tests of controls may be applied on a test basis in some circumstances.
D) Well designed internal control activities always prevent collusion among employees.