Internal control cost-benefit principle means:

date:2026-06-18 16:45:32 author:admin browse: time View comments Add Collection

Internal control cost-benefit principle means:

 Internal control cost-benefit principle means:

A. Control expense shall not exceed expected loss reduction benefit

B. All control procedure must maximize control cost

C. Ignore cost when designing internal control

D. Control cost always equals annual asset value

Answer: A

Rationale: Cost-benefit constraint limits over-design expensive redundant internal control rules.