Many clients build in redundant controls such that if one control does not detect a misstatement, ________.
A)no other control will find the same misstatement
B)an exception report is generated
C)another control will detect the problem
D)the control should immediately be eliminated

Question

Quizplus · Accepted Answer

The purpose of redundant controls is to ensure that if one control fails to detect a misstatement, another control will. Therefore, if one control does not detect a misstatement, it is expected that another control will detect the problem. It is not necessary to eliminate the control immediately as it may still provide value in detecting other misstatements. Exception reports may be generated as a result of the control failure, but this is not always the case.

Many Clients Build in Redundant Controls Such That If One