Jasim works as the accountant of KMG Company. He needed money for the treatment of his father in Germany but his salary is not enough and he has no savings. His friend Khalid, who is the general manager of KMG Company told him to take out some inventories and sell it to the black market and then divide the proceeds between the two of them. Which internal control limitation is described in this given scenario?

a.

Lapse of Judgment and Management Override

b.

None of these

c.

Deficiency in Internal Control Design and Breakdowns

d.

Management Override and Collusion