Question: Internal controls in large and medium sized entities can only provide an entity with reasonable assurance in achieving its financial reporting objectives. Which of the
Internal controls in large and medium sized entities can only provide an entity with reasonable assurance in achieving its financial reporting objectives. Which of the following is not an inherent limitation of internal control?
Human error that results in a breakdown in internal control.
Collusion by two or more individuals to circumvent a control.
A control within a software program being overridden or disabled.
Changing audit risk parameters.
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