One benefit of effective internal control is the guarantee that all employee frauds will now be detected.

Name: One benefit of effective internal control is the guarantee that all employee frauds will now be detected.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

While effective internal control can mitigate the risk of employee fraud, it cannot guarantee that all frauds will be detected. There may still be instances where fraud is not detected, especially if the controls are not properly designed or enforced.

One Benefit of Effective Internal Control Is the Guarantee That