When a company designs and implements an internal control system, the control must be cost-effective.

Name: When a company designs and implements an internal control system, the control must be cost-effective.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

It is important for companies to ensure that their internal control system is cost-effective so that it doesn't add unnecessary expenses to the organization. However, the effectiveness of the control should not be compromised in the process.

When a Company Designs and Implements an Internal Control System