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Internal control systems have limitations. These include all of the following except

Question 11 options:

-possibility of honest error

-circumvention

-management override

-stability of systems

1 Answer

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Final answer:

The stability of systems is not considered a limitation of internal control systems but rather a desirable feature that ensures consistent application of policies and procedures.

Step-by-step explanation:

The question pertains to the internal control systems within organizations and identifies which option is not a limitation of these systems. The options provided are the possibility of honest error, the circumvention of controls, management override, and the stability of systems.

The correct answer is that the stability of systems is not typically considered a limitation of internal control systems. Rather, strong stability in systems is desired to ensure consistent application of policies and procedures.

Limitations of internal control systems generally include human errors, potential circumvention by colluding individuals, or management override, all of which can undermine the effectiveness of the controls.

However, stability suggests that systems operate in a reliable and consistent manner over time.

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