Which of the following is not a limitation of the internal control system?

a. errors are made due to employee fatigue
b. fraud occurs because of collusion between two employees
c. the industry is inherently risky
d. management instructs the bookkeeper to make fraudulent journal entries


C

Business

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Fill in the blank(s) with correct word

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A) segmented B) vertical C) organization D) horizontal E) diversified

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Full rule of reason analysis:

A. is a "quick look" form of rule of reason analysis. B. is utilized for restraints that have an obvious adverse impact on competition. C. applies to restraints that are facially illegal like per se restraints. D. cannot be determined until after a court conducts a thorough market analysis.

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A) flexibility B) validity C) responsiveness D) reliability E) representativeness

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