Question: The CoCo guidance on control says that control cannot provide absolute assurance, in part because there are inherent limitations in control. what do these inherent
The CoCo guidance on control says that control cannot provide absolute assurance, in part because there are inherent limitations in control. what do these inherent limitations include?
a. the possibility of circumvention of controls through collusion
b. the need for controls to be cost-effective
c. improper design of controls such that they do not achieve their objectives
d. the inability to have adequate segregation of responsibilities in small businesses
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