Which of the following items is NOT a limit to the effectiveness of internal control systems in an organization?
A) Careless employees
B) Benefits of system exceed the cost of the system.
C) Staff size limitations
D) Collusion
Correct Answer:
Verified
Q42: The Fraud Triangle is used to show
Q43: In a broad sense, fraud is the
Q50: Which of the following items is NOT
Q51: An organization's employees are usually responsible for
Q53: A good internal control system does which
Q55: A company may be limited in their
Q55: Fraud is one of the less perpetrated
Q58: A requirement that employees go on vacation
Q60: An audit trail:
A)requires employees to take an
Q74: Fraudulent financial reporting typically involves:
A)management.
B)employees.
C)the board of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents