Collusion Is the Method Used to Defeat an Internal Controls

question 154

True/False

Collusion is the method used to defeat an internal controls system.

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Definitions:

Retrieve

To locate and bring back data or information from a storage location or database.

Manipulate

The act of skillfully handling, controlling, or using something, often with the connotation of alteration or influence for a specific purpose.

A Spreadsheet

A digital tool that allows users to organize, analyze, and store data in a tabular form, often featuring calculation, graphing tools, and pivot tables.

Numerical Data

Refers to data that is represented in terms of numbers, which can be quantified and subjected to mathematical operations.