Listed below are examples of matters that may be reportable conditions. Indicate the nature of each event by using the following code letters:
Deficiencies in Internal Control Design
Failures in the Operation of Internal Control
-Intentional misapplication of accounting principles. _____
A)Failures in the Operation of Internal Control
B)A system fails to provide complete and accurate output consistent with the

Question

Quizplus · Accepted Answer

The scenario described fits the definition of a failure in the operation of internal control, as it involves a system not functioning as intended to ensure accurate and complete output.

Listed Below Are Examples of Matters That May Be Reportable