250 WORDSProvide an example of a situation in which the "design ofcontrols" may be...250...

60.1K

Verified Solution

Question

Accounting

250 WORDS
Provide an example of a situation in which the "design ofcontrols" may be effective but those controls do not operate"effectively". In other words, what issues could cause thesecontrols to be ineffective, such as situations in which thecontrols are circumvented, or ignored?

Answer & Explanation Solved by verified expert

3.9 Ratings (508 Votes)

Ans Design of controls and the operating effectiveness of controls are 2 very different aspects on which the overall control effectiveness of an organization is based While the design of controls should ensure that the control objective of the organization is achieved if they are operated as designed See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Transcribed Image Text

In: Accounting250 WORDSProvide an example of a situation in which the "design ofcontrols" may be...250 WORDSProvide an example of a situation in which the "design ofcontrols" may be effective but those controls do not operate"effectively". In other words, what issues could cause thesecontrols to be ineffective, such as situations in which thecontrols are circumvented, or ignored?