Which of the following is not a reason why businesses need an effective internal control system?

Question

Quizplus · Accepted Answer

An effective internal control system is essential for businesses to help ensure efficient and effective operations, accurate financial reporting, and compliance with laws and regulations. However, identifying ways to circumvent applicable laws and regulations is not a reason for implementing an internal control system, since such a system is put in place to ensure compliance, not to help circumvent them. The other options, A, B, and C, are all valid reasons why businesses need an effective internal control system.

Which of the Following Is Not a Reason Why Businesses