Which of the Following Factors Will Result in Control Risk

question 78

Multiple Choice

Which of the following factors will result in control risk being assessed at a higher level?

• A)Controls are well designed.
• B)There is a lack of supervision of accounting personnel.
• C)Accounting staff are well trained and educated.
• D)The control environment is operating effectively.

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Definitions:

White Knight

In a corporate context, a friendly company or individual that acquires a corporation at risk of a hostile takeover.