Why does a company give particular attention to internal controls for cash?
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Cash requires a more detailed system of internal controls because cash is easier to misappropriate than most other assets and is frequently the asset most sought by those who would misappropriate so due to these consequences it better to pay attention to internal control ...View the full answer
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
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