Internal control is so important to an organization that cost/benefit relationship can be ignored.

Question

Quizplus · Accepted Answer

While internal control is crucial for an organization, it is still subject to cost-benefit analysis. The organization must weigh the costs of implementing and maintaining internal control measures against the potential benefits they will bring in terms of risk reduction and increased efficiency. If the costs outweigh the benefits, then the organization may need to reconsider its approach to internal control.

Internal Control Is So Important to an Organization That Cost/benefit