An effective system of internal control is designed to detect the following except for:

Question

Quizplus · Accepted Answer

An effective system of internal control is designed to detect fraud, theft, and irregularities. Collusion, on the other hand, may be more difficult to detect as it involves multiple individuals working together to deceive the system. However, internal controls can still be designed to make collusion more difficult or unlikely to occur.

An Effective System of Internal Control Is Designed to Detect