Top Posters
Since Sunday
g
1
d
1
1
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
courtneyjuma courtneyjuma
wrote...
Go to Answer
Posts: 151
Rep: 0 0
A year 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
Authors:
Read 77 times
1 Reply
Replies
Answer verified by a subject expert
gronk44gronk44
wrote...
#1
Posts: 144
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

courtneyjuma Author
wrote...

A year ago
Good timing, thanks!
Loruiz15
wrote...

Yesterday
this is exactly what I needed
jblazah
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  234 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Show Emoticons
:):(;):P:D:|:O:?:nerd:8o:glasses::-):-(:-*O:-D>:-D:o):idea::important::help::error::warning::favorite:
Related Images
  
 295
  
 1313
  
 1965
Your Opinion
What's your favorite funny biology word?
Votes: 540
Previous poll results: Does a gender wage gap exist in America?