Which of the following statements is true regarding management's use of judgement to design, implement, and conduct internal control?

Question

Hicham Kaoussi · Accepted Answer

The use of judgment enhances management's ability to make better decisions about internal control, but cannot guarantee perfect outcomes.

Hicham Kaoussi · Answer

Introducing judgment generally diminishes management's ability to make good decisions about internal control.

Hicham Kaoussi · Answer

It is inappropriate for management to exercise judgement in areas such as specifying and using suitable accounting principles.

Hicham Kaoussi · Answer

It is inappropriate for management to exercise judgement in assessing whether components are present, functioning, and operating together

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