What trade off should be consider when designing each internal control?© BrainMass Inc. brainmass.com March 21, 2019, 11:38 pm ad1c9bdddf
When management is designing each internal control, the trade-off is generally internal validity versus external validity. The company should keep the focus on internal validity and on taking every step possible to create and maintain a highly effective internal control environment. By keeping the focus primarily ...
The solution discusses the trade-offs that should be considered when designing each internal control. References are also provided.