Potential benefits of an entity's controls in an IT environment include all of the following except:
A) Reduction in the risk that controls will be circumvented.
B) More accurate accounting estimates.
C) Consistent application of predefined business rules.
D) More timely information.

Question

Quizplus · Accepted Answer

The potential benefits of an entity's controls in an IT environment include reduction in the risk that controls will be circumvented, consistent application of predefined business rules, and more timely information. However, more accurate accounting estimates are not necessarily one of the benefits of an entity's controls in an IT environment, as accounting estimates are typically based on management judgments and assumptions, and may not be affected by IT controls.

Potential Benefits of an Entity's Controls in an IT Environment