11. Which of the following statements is correct regarding internal control? a. A well-designed internal control environment ensures the achievement of an entity's control objectives. b. An inherent limitation to internal control is the fact that controls can be circumvented by management override. C. A well-designed and well-operated internal control environment should detect collusion perpetrated by two people. d. Internal control is a necessary business function and should be designed and operated to detect all errors and fraud. Answer From Surgent's CPA Review Try Area 2 Which of the following procedures is considered a test of controls? a. An auditor reviews the entity's check register for unrecorded liabilities. b. An auditor evaluates whether a general journal entry was recorded in the proper amount. c. An auditor interviews and observes appropriate personal to determine segregation of duties. d. An auditor reviews the audit workpapers to ensure proper sign-off. From Surgent's CPA Review Try Area 3