What are the implications of the fact that every internal control structure has inherent limitations? That is,

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What are the implications of the fact that every internal control structure has inherent limitations? That is, how does the knowledge that no internal control structure is perfect help management run the organization more effectively?

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Financial Accounting

ISBN: 978-0132889711

1st Canadian Edition

Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper

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Question Posted: Jul 08, 2015 02:17 AM

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What are the implications of the fact that every internal control structure has inherent limitations? That is,

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It should make management more aware of the importance of the other two elemen...View the full answer

Financial Accounting

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