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:

Organizational Members

Individuals who are part of an organization and contribute to its culture, goals, and functions through their roles and activities.

Feedback

Information returned to a person or system about the results of an activity or process, used as a basis for improvement.

Personal Need

An individual's requirement or desire that is essential for their well-being or fulfillment.

Communication Transparency

The practice of openly and honestly sharing information, fostering an environment of trust and openness.