Question: controls are not designed to provide assurance that: - A. Transactions are executed in accordance with management's authorization. B. The recorded accountability for assets is

controls are not designed to provide assurance that: -

A. Transactions are executed in accordance with management's authorization.

B. The recorded accountability for assets is compared with the existing assets at reasonable intervals.

C. Fraud will not occur

D. Access to assets is permitted only in accordance with management's authorization.

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