Which among the following is not representing an inherent limitation of the Internal control system a. Misunderstanding of instructions by employees b. None of these Options c. Employee conspiracy / collusion d. Limitations due to human decisions/ judgements
Which among the following is not representing an inherent limitation of the Internal control system a. Misunderstanding of instructions by employees b. None of these Options c. Employee conspiracy / collusion d. Limitations due to human decisions/ judgements
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 8CYBK
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Question
Which among the following is not representing an inherent limitation of the Internal control system
a.
Misunderstanding of instructions by employees
b.
None of these Options
c.
Employee conspiracy / collusion
d.
Limitations due to human decisions/ judgements
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