Well-designed internal control will prevent all fraud by top management.

Name: Well-designed internal control will prevent all fraud by top management.
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

While well-designed internal control can help prevent fraud by top management, it cannot guarantee that all fraud will be prevented. Fraud can still occur due to human error, collusion, or other factors. Therefore, it is important to have multiple layers of internal control and to regularly review and update them to stay ahead of potential threats.

Well-Designed Internal Control Will Prevent All Fraud by Top Management