any internal control procedure is initiated, the overriding concern is:
A) stopping all theft.
B) having the best security money can buy.
C) how much benefit will be derived from the cost.
D) not listed in any of the above.

Question

Quizplus · Accepted Answer

The primary concern when initiating any internal control procedure is to evaluate the benefit derived from the cost of implementing such controls. This ensures that the controls are cost-effective and provide value to the organization.

Any Internal Control Procedure Is Initiated, the Overriding Concern Is