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Which of the following statements best illustrates the nature of control and its inherent limitations? In some cases, control can provide absolute assurance. Control can
Which of the following statements best illustrates the nature of control and its inherent limitations?
In some cases, control can provide absolute assurance. |
Control can be legislated by top management. |
Those who are accountable for achieving objectives should also be accountable for the effectiveness of the controls related to the achievement of those objectives. |
Control is affected by people throughout the organization, except the board of directors or its equivalent. |
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