Question: A well-designed system of internal control that is functioning effectively is most likely to detect an irregularity arising from (a) the fraudulent action of several

A well-designed system of internal control that is functioning effectively is most likely to detect an irregularity arising from

(a) the fraudulent action of several employees.

(b) the fraudulent action of an individual employee.

(c) informal deviations from the official organization chart.

(d) management fraud.

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