Limitations of Internal Control Include

question 76

Multiple Choice

Limitations of internal control include:

• A) Human error.
• B) Human fraud.
• C) Cost-benefit standard.
• D) Human error and fraud.
• E) All of these answers are correct.

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Definitions:

False Alternative

A logical fallacy that occurs when an argument unjustly limits the options to two when there are more possibilities.

Fallacy

An erroneous argument or reasoning that renders an argument invalid due to a flaw in its structure or logic.

Medical School

A tertiary educational institution—or part of such an institution—that teaches medicine and awards a professional degree for physicians and surgeons.

Epic Fail

Informal term describing a significant or humorous failure, especially one that was attempted with a high level of confidence or enthusiasm.