thank you Transcribed image text: The importance of internal control to management and auditors has been recognised
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Transcribed image text: The importance of internal control to management and auditors has been recognised for many years. Which of the following is likely to be cited as a major factor contributing to this importance? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a The operations of the business entity have become so unwieldy that management must rely on the chief financial officer to effectively control operations b Checks and reviews protect against employee collusion and reduce the chance of employee fraud c Internal control procedures must be utilised to maintain accurate accounting records d It is impractical for auditors to audit most companies within economic fee limitations without relying on the client's system of internal controls
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