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need answer quick Prepare your cost/benefit analysis on a separate sheet of paper. You will upload once you have completed all parts of the exam.

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Prepare your cost/benefit analysis on a separate sheet of paper. You will upload once you have completed all parts of the exam. At ABC Co. data errors occasionally require an entire payroll to be reprocessed, at a cost of $10,000. Increasing internal controls would reduce the event likelihood from 10% to 1% at a cost of $1,000. Based solely on the cost/benefit analysis of increasing internal controls, should ABC Co. increase internal controls? Yes or no and what is the net expected benefit or cost of increasing internal controls (state the $ amount)? Show all work. ALT-EN-IDEA ALTEN 10 Mark

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