A Company May Be Limited in Their Internal Control Procedures

question 36

Multiple Choice

A company may be limited in their internal control procedures because the cost of hiring enough people to implement the procedures:

• A)outweighs the benefits of the system.
• B)has nothing to do with the effectiveness of the internal control system.
• C)can prevent collusion.
• D)can limit employee distractions.

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Definitions:

Hereditary Trait

A hereditary trait is a characteristic that is passed from parents to offspring through genes, such as eye color, blood type, or certain inherited conditions.

Presbyopia

A common age-related condition where the eye loses its ability to focus on nearby objects, often leading to the need for reading glasses.

Hyperopia

A vision condition where distant objects are seen more clearly than near objects because the eyeball is too short or the lens cannot become round enough.

Farsightedness

A common vision condition where distant objects can be seen clearly, but close ones do not come into proper focus.