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courtneyjuma courtneyjuma
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10 months ago

Which of the following statement is correct regarding internal control?



A well-designed internal control environment ensures the achievement of an entity's control objectives.



An inherent limitation to internal control is the fact that controls can be circumvented by management override.



A well-designed and operated internal control environment should detect collusion perpetrated by two people.



Internal control in a necessary business function and should be designed and operated to detect errors and fraud.

Textbook 
Accounting Information Systems

Accounting Information Systems


Edition: 4th
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gronk44gronk44
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10 months ago
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courtneyjuma Author
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10 months ago
Good timing, thanks!
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Yesterday
Smart ... Thanks!
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2 hours ago
This helped my grade so much Perfect
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