Limitations of internal control include:
A) Human error.
B) Human fraud.
C) Cost-benefit standard.
D) Human error and fraud.
E) All of these answers are correct.

Question

Quizplus · Accepted Answer

All of these options are limitations of internal control. Human error and fraud can still occur despite the implementation of strong internal controls. Additionally, the cost of implementing internal controls may outweigh the benefits, leading to potential limitations in their effectiveness.

Limitations of Internal Control Include