What should internal controls be design to do?
A)Detect errors.
B)Detect and prevent errors.
C)Prevent errors.
D)Eliminate the possibility of fraud.

Question

Quizplus · Accepted Answer

Internal controls should be designed to both detect and prevent errors. This includes identifying and correcting mistakes that have already occurred as well as implementing measures to reduce the likelihood of future errors. While eliminating the possibility of fraud is a desirable outcome, it may not always be feasible or practical.

What Should Internal Controls Be Design to Do