Give reasons for the concerns raised by accountants of an organization to have an efficient and effective internal control system .

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Chapter 6, Problem 5DQ

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Give reasons for the concerns raised by accountants of an organization to have an efficient and effective internal control system.

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Opal works for Clarendon Ltd. in Jamaica. She received her notice of assessment on April 10, and was in disagreement with the revenue calculation. She called her local inland revenue department on April 20, to seek clarification on the matter and to raise a formal objection. The inland revenue department refused to look into her objection. What could be a reason why the revenue department did not look into Opal’s objection? A. The revenue calculation was based on reports from her employer, so it must be accurate B. Tax payers are not allowed to raise objections C. All formal objections to assessment must be done in writing D. She contacted the inland revenue department after the stipulated time for an objection