The existence of good internal controls do not ensure high sales and profits.

Name: The existence of good internal controls do not ensure high sales and profits.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

Good internal controls are important for preventing fraud, errors, and ensuring compliance, but they may not directly contribute to increasing sales and profits. Other factors such as market conditions, competitive landscape, and effective business strategies also play a crucial role in driving business growth.

The Existence of Good Internal Controls Do Not Ensure High