Which of the following is true of most accounting errors?
A) They are primarily caused by lack of training.
B) They represent intentional sabotage of controls.
C) They are problems caused by failures in systems, procedures, and policies.
D) They represent fraud.

Question

Quizplus · Accepted Answer

Most accounting errors are due to breakdowns in systems, procedures, and policies. While lack of training or fraud can also lead to errors, they are not the primary cause. Sabotage of controls is also a less common occurrence compared to system failures.

Which of the Following Is True of Most Accounting Errors