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Which of the following explain why internal controls can never completely prevent and detect errors and frauds? Note: You may select more than one answer.
Which of the following explain why internal controls can never completely prevent and detect errors and frauds?
Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mar will be automatically graded as incorrect.
The costs of controls always exceed their benefits
Employees may collude to get around controls
Employees may override controls
Fraud
Human error
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