Which of the following situations is not the result of a weakness in or lack of internal controls?
A. Financial statements are misstated because individuals were able to update financial information beyond that needed to perform their job functions.
B. A sales order is placed on back-order, but is never filled or canceled.
C. Earnings per share are misstated due to a spreadsheet error.
D. The vendor bills an amount different than the amount entered on the purchase order.

Question

Quizplus · Accepted Answer

The Answer of Which of the following situations is not the result of a weakness in or lack of internal controls?
A. Financial statements are misstated because individuals were able to update financial information beyond that needed to perform their job functions.
B. A sales order is placed on back-order, but is never filled or canceled.
C. Earnings per share are misstated due to a spreadsheet error.
D. The vendor bills an amount different than the amount entered on the purchase order.

Which of the Following Situations Is Not the Result of a Weakness