Under an Effective System of Internal Control,errors Occur Only as a Result

question 51

True/False

Under an effective system of internal control,errors occur only as a result of fraud or dishonesty.

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Definitions:

Physical Cues

Non-verbal signals or body language that convey feelings, intentions, or information without the use of words.

Implicit Understanding

An understanding that is not directly expressed but is assumed or inferred from actions, words, or context.

Material Goods

Physical items that are produced and can be bought, sold, or traded.

Superiority

The state of being superior or higher in quality, rank, or importance.