Listed below are examples of matters that may be reportable conditions. Indicate the nature of each event by using the following code letters:
Deficiencies in Internal Control Design
Failures in the Operation of Internal Control
-Manipulation, falsification, or alteration of accounting records or supporting
documents.
_____
A)Failures in the Operation of Internal Control
B)A system fails to provide complete and accurate output consistent with the

Question

Quizplus · Accepted Answer

The description given matches the definition of "Failures in the Operation of Internal Control," as it refers to a system's inability to function as intended, leading to incomplete or inaccurate outputs.

Listed Below Are Examples of Matters That May Be Reportable