Multiple Choice
Which of the following statements regarding limitations on internal control is true?
A) Companies can design a system of internal control that is foolproof.
B) A well-designed internal control system is a luxury that few companies can afford.
C) An entity's size has little effect on the degree of control that it can obtain.
D) Human errors can weaken an internal control system.
Correct Answer:
Verified
Correct Answer:
Verified
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