Two important limitations of internal control systems are (1) human error or human fraud, and (2) cost-benefit.

Name: Two important limitations of internal control systems are (1) human error or human fraud, and (2) cost-benefit.
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Question

Quizplus · Accepted Answer

Human error or human fraud can occur despite the implementation of internal control systems, and the cost of implementing and maintaining internal control systems may outweigh the benefits in some cases.

Two Important Limitations of Internal Control Systems Are (1) Human