Question: Internal control cannot provide absolute assurance that the entity's objectives and goals will be met efficiently and effectively. One limiting factor is that the internal

Internal control cannot provide absolute assurance that the entity's objectives and goals will
be met efficiently and effectively. One limiting factor is
that the internal auditor's primary responsibility is the detection of fraud.
that the cost of internal control should not exceed its benefits.
that management monitors performance.
that the audit committee is active and independent.
Internal control cannot provide absolute assurance that the entity's objectives and

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