Question 1 points Which of the following statements regarding a company's internal control over financial reporting is incorrect? O A To protect a company from embezzlement, a person who has temporary or permanent custody of an asset should not account for the asset OB To reduce the lkolhood of embezzlement. It is desirable to prevent persons who author ansactions from Having control over the related asse Allowing one person to have custody of an asset as well as account for that asset mitigate the risk of that person disposing of the set for personal gain and covering up the hurt O D. Every transaction must be properly authorized controls are to be satisfactory Activate Web