A system of internal
A system of internal control
is infallible.
is premised on the concept of absolute assurance.
invariably will have costs exceeding benefits.
can be rendered ineffective by employee collusion.
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a system of internal controlis infallibleis premised on the concept of absolute assuranceinvariably will have costs
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assignment long-term investment decisionsassume that the low-calorie frozen microwavable food company from assignments
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