Proper control procedures do not guarantee the prevention of theft.

Question

Quizplus · Accepted Answer

While proper control procedures can significantly reduce the likelihood of theft or fraud, they cannot completely eliminate the risk. There may still be opportunities for individuals to bypass or override these controls, or for new vulnerabilities to be discovered over time. Therefore, it is important to also have measures in place for detecting and addressing any instances of theft that do occur, such as surveillance, internal audits, or investigations.

Proper Control Procedures Do Not Guarantee the Prevention of Theft