Which one of the following is not an advantage of internal controls? Select one: a. It safeguards the assets b. It increases the chance of fraud c. It ensures compliance with laws d. It enhances the reliability of accounting records
Which one of the following is not an advantage of internal controls? Select one: a. It safeguards the assets b. It increases the chance of fraud c. It ensures compliance with laws d. It enhances the reliability of accounting records
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter16: Auditing It Controls Part Iii: Systems Development, Program Changes, And Application Auditing
Section: Chapter Questions
Problem 5MCQ: Which of the following statements is NOT correct? a. EAMs capture transactions during processing...
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Question
Which one of the following is not an advantage of internal controls?
Select one:
a. It safeguards the assets
b. It increases the chance of fraud
c. It ensures compliance with laws
d. It enhances the reliability of accounting records
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