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Which of the following are limitations in internal control systems? (Select all that apply.) ...

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Accounting

Which of the following are limitations in internal control systems? (Select all that apply.)
Multiple select question.
It is too difficult for the accountants to physically count all assets and ensure the assets are included in the financial records.
A control may not be implemented because the cost of the control may exceed the benefit of reducing the fraud or potential errors.
Collusion can exist making it impossible to completely prevent fraud.
Management is unable to bond employees and make them take vacations.

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