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Indicate which of the following statements is FALSE with respect to internal controls. (check all...

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Accounting

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Indicate which of the following statements is FALSE with respect to internal controls. (check all that apply) Select one or more a. Historically, employee tips have been the most common means of detecting employee fraud b. Fraud committed by lower-level employees is more difficult to detect because those employees more often have the ablity to override internal control procedures cThe components of internal control are built on the foundation of the ethical tone set by the company's outside auditors d. Collusion refers to the act of two or more individual circumventing internal control procedures Jump to

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