The limitations of internal control systems include:
A) absolute assurance for safeguarding against customer theft.
B) employee indifference to correct procedures.
C) cost of implementation.
D) all of these options.

Question

Quizplus · Accepted Answer

All of these options are limitations of internal control systems. Internal control systems cannot provide absolute assurance for safeguarding against customer theft, as there may always be ways to circumvent the system. Employee indifference to correct procedures is also a common limitation, as employees may not follow the procedures as intended. Finally, the cost of implementation of internal control systems can be significant, especially for small businesses with limited resources.

The Limitations of Internal Control Systems Include