Accountants should not concern themselves too much with elaborate administrative and accounting controls in an internal control
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‘Accountants should not concern themselves too much with elaborate administrative and accounting controls in an internal control system, since any such system is only as good as the human element in the system.’ Do you agree? Explain your answer.
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The primary role of internal control is to safeguard the assets of the entity against waste fraud in...View the full answer
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Related Book For 
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett
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