Computers and Technology, 25.02.2020 03:44 sciencecreation87

Which of the following statements regarding a system of internal control is false? a. Because internal control systems have a cost, management should evaluate the cost/benefit of each control plan. b. The development of an internal control system is the responsibility of management. c. Effective internal control systems provide complete assurance against the occurrence of material frauds and embezzlements. d. Internal control systems depend largely on the competency and honesty of people.

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Which of the following statements regarding a system of internal control is false? a. Because intern...

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