A System of Internal Control Cannot Be Considered Good Until

question 71

True/False

A system of internal control cannot be considered good until the possibility of human error has been completely eliminated.

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Definitions:

Social Status

The position or rank of a person or group within the social hierarchy.

Rites of Passage

Ceremonial events or rituals marking important stages in an individual's life, such as birth, puberty, marriage, and death.

Rites of Passage

Ceremonial events marking significant transitions in an individual's life, such as birth, puberty, marriage, and death, often imbued with cultural and spiritual significance.

Transition

The process of changing from one state, stage, place, or condition to another, often involving development or transformation.