Which statement with respect to assurance of an internal control system is NOT accurate? Human error is
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Which statement with respect to assurance of an internal control system is NOT accurate?
Human error is an example of a limitation inherent in internal control.
Absolute assurance is possible only in very limited circumstances.
A system of internal control can be circumvented through collusion.
Potential impacts of external events outside of management control can affect internal control.
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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