Which of the following is a term used to describe a departure from a prescribed internal control procedure?
A)Exception.
B)Event.
C)Misstatement.
D)Known error.

Question

Quizplus · Accepted Answer

An exception is a term used to describe a departure from a prescribed internal control procedure. An exception occurs when a process or control function does not work as it should or when an error is made. This can be caused by a variety of factors, such as human error, system malfunctions, or inadequate procedures. Exceptions should be reported and addressed promptly to minimize their impact on the organization.

Which of the Following Is a Term Used to Describe