Describe and explain internal controls, as it applies to the accounting environment. Explain how internal controls are
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Question:
Describe and explain “internal controls”, as it applies to the accounting environment.
Explain how internal controls are applied and used, and why.
Explain how proper internal controls are important to the successful operation of any business.
Expert Answer:
Accounting systems and standards play a vital role in effective operations of the financial department of a business and provides a set of rules and regulations for the recording of financial transact... View the full answer
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