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. True/False and Multiple Choice Exam i Saved 8 Which statement is true in the context of the characteristics of effective controls? Multiple Choice O For effective controls, the cost of using the controls should be more than the benefit derived from using them. O Supervisors and employees tolerate controls that infringe on their privacy. O An effective control system is one that helps the supervisor direct their efforts toward spotting significant problems. O Normally, a supervisor is not expected to use the control system higher-level managers have established