cally Remaining Time: 1 hour, 08 minutes, 30 seconds. Question Completion Status: 30 41 19 40 42 10 45 43 44 46 11 49 12 13 14 50 51 15 53 16 54 47 17 55 48 18 56 24 19 57 20 58 23 21 59 22 60 25 26 27 28 29 Moving to another question will save this response Question 13 Which of the following statements is FALSE regarding internal control internal control is a process implemented by the board of directors, management and those under their direction Strong management oversight and review can help mitigate for the threat of ineffective separation of duties, particularly in small businesses Internal control seeks to provide absolute assurance that specific objectives are achieved The cost and benefit of implementing an internal control procedure is a consideration when designing internal control Mowing to another question will save this response ARS