The cost of using the controls should be less than the benefit derived from using them. This shows that effective controls should be ________.
A) flexible
B) acceptable
C) economical
D) timely

Question

Quizplus · Accepted Answer

The cost of implementing and maintaining controls should be less than the benefit derived from their use. This means that controls must be economical and not create a financial burden on the organization. Options A, B, and D, while important qualities of effective controls, are not directly related to the cost-benefit analysis of controls.

The Cost of Using the Controls Should Be Less Than