If employees are competent and trustworthy, how does this affect controls?
A) All employees need numerous controls.
B) All employees become bored or dissatisfied.
C) Other controls can be absent.
D) All employees can reduce the system to a shambles.

Question

Quizplus · Accepted Answer

Other controls can be absent since competent and trustworthy employees are less likely to engage in fraudulent or unethical behavior, reducing the need for strict controls. However, some controls will still be necessary to ensure compliance with laws and regulations, safeguard assets, and maintain accuracy and reliability of financial information.

If Employees Are Competent and Trustworthy, How Does This Affect