Even Though Major Companies Have Internal Control Systems, Errors and Irregularities

question 11

Essay

Even though major companies have internal control systems, errors and irregularities still sometimes occur. List and briefly discuss two general limitations of internal control systems that help explain how these problems can still occur.

---

Definitions:

Emotional Reactions

Immediate responses to stimuli that involve feelings, physiological arousal, and changes in facial expression, often unconsciously processed.

Temperament

An individual's inherent personality traits and predispositions that significantly affect their behavior and interactions with others.

Developing Organism

An entity, typically in the early stages of physical and biological formation, particularly prior to birth.

Conception

The process of fertilization where a sperm cell merges with an ovum, leading to the formation of a zygote and the start of pregnancy.