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D 18. Internal control can provide only reasonable assurance that the organization's objectives will be met efficiently and effectively One factor limiting the likelihood of
D 18. Internal control can provide only reasonable assurance that the organization's objectives will be met efficiently and effectively One factor limiting the likelihood of achieving those objectives is that The internal auditor's primary responsibility is the detection of fraud. Management monitors performance. The cost of internal control should not exceed its benefits. The board is active and independent. 19. Corporate governance is being adopted by organizations in managing its business towards meeting its goals and objective chieve long-term sustainability. es such, the Boards should be comprised of directors who are knowledgeable on the business and centered on the mareholders' interests
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