Management can expect various benefits to follow from implementing a system of strong internal control.Which of the following benefits is least likely to occur?
A)reduced cost of an external audit
B)preventing employee collusion to commit fraud
C)availability of reliable data for decision-making purposes
D)some assurance that important documents and records are protected

Question

Quizplus · Accepted Answer

Preventing employee collusion to commit fraud is less likely because strong internal controls can make fraud more difficult but cannot completely prevent collusion among employees determined to commit fraud.

Management Can Expect Various Benefits to Follow from Implementing a System