Which of the Following Is a Limitation of Internal Control

question 135

Multiple Choice

Which of the following is a limitation of internal control?

• A)Operational efficiency
• B)Employee collusion
• C)Accurate and reliable accounting records
• D)Safeguarding company assets

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Definitions:

First Year

Typically refers to the initial year of an educational course, professional endeavor, or any period's start.

Total Revenue

The total income generated from the sale of goods or services before any expenses are deducted.

Fourth Year

Typically refers to the final year of a standard four-year undergraduate degree program at a college or university.

Market Size

The total volume of sales or potential sales in a particular market or industry.