A good system of internal control is important to make a company's accounting records completely foolproof.

Name: A good system of internal control is important to make a company's accounting records completely foolproof.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While a good system of internal control can significantly reduce the risk of errors or fraud, it cannot make a company's accounting records completely foolproof due to the potential for human error, management override, and sophisticated fraud schemes.

A Good System of Internal Control Is Important to Make