(Solved): Which of the following observations is true? An internal control system can provide assurance that a ...

Which of the following observations is true? An internal control system can provide assurance that all fraud will be prevented. Internal control activities include both reactive controls and proactive controls. Honest employees will actively look for ways to circumvent the internal controls. The effectiveness of an internal control system should be independent of the people enforcing it. No internal control system can completely eliminate fraud, regardless of the care followed in its design and implementation.