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Which of the following statements about internal control is true?AnswersA.Properly maintained internal control reasonably ensures that collusion among employees cannot occur.B.A limitation of internal control is that management makes judgments about the extent of controls it implements.C.The establishment and maintenance of internal control are important responsibilities of the internal auditor.D.Exceptionally effective internal control is enough for the auditor to eliminate substantive procedures on a significant account balance.
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