CPA Australia identifies five reasons an internal control system does not provide 100 per cent assurance that an organisation's objectives will be achieved.These reasons do NOT include:
A)Judgement error
B)Unexpected transactions
C)Weak internal controls
D)Natural disasters

Question

Quizplus · Accepted Answer

The reasons identified by CPA Australia for an internal control system not providing 100 per cent assurance are judgement error, unexpected transactions, and weak internal controls. Natural disasters are not listed as one of the reasons.

CPA Australia Identifies Five Reasons an Internal Control System Does