Question 25 Effective internal control systems focus on the attainment of desired goals, or conditions, for a specific event, function or transaction cycle, which, if achieved, minimize the potential exposure to waste, loss, unauthorized use, or misappropriation of corporate assets. To be effective, appropriate systems of internal control must be each of the following except: approved by the independent auditor prior to implementation in compliance with a specific control objective that must be observable and measurable none of these answers is correct understood by those implementing those controls in place