Two Important Limitations of Internal Control Systems Are (1) Human

question 108

True/False

Two important limitations of internal control systems are (1) human error or human fraud, and (2) cost-benefit.

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Definitions:

NAFTA

The North American Free Trade Agreement, a treaty among the United States, Canada, and Mexico to lower trade barriers and promote economic cooperation.

International Trade Agreement

Treaties between two or more nations that outline the rules and guidelines for trade, including tariffs, quotas, and other trade restrictions.

Canada

A country in North America known for its vast landscapes, multicultural cities, and bilingual (English and French) culture.

Mexico

A country in North America, known for its rich cultural heritage, diverse landscapes, and significant history.