Why is internal control over cash so critical?

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Financial Accounting An Integrated Approach

ISBN: 9780170411028

7th Edition

Authors: Ken Trotman, Elizabeth Carson

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Question Posted: Aug 20, 2023 06:48 AM

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Why is internal control over cash so critical?

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Internal control over cash is critical for several important reasons Prevention of Fraud and Theft Cash is highly susceptible to fraud and theft due to its physical nature Effective internal controls ...View the full answer

Financial Accounting An Integrated Approach

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