Which of the following is not a reason that a business needs an effective internal control system?
A. Ensure that work is completed efficiently and effectively
B. Produce reliable and timely accounting information for use by people external to the organization
C. Protect assets by reducing the risk of fraud
D. Identify ways to circumvent applicable laws and regulations
Answer:D
Which of the following is not a reason that a business needs an effective internal control system?
A. Ensure that work is completed efficiently and effectively B. Produce reliable and timely accounting information for use by people external to the organization C. Protect assets by reducing the risk of fraud D. Identify ways to circumvent applicable laws and regulations