Define internal control. Discuss the fundamental concepts in the definition: process, people, reasonable assurance and objectives.

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Principles of Auditing An Introduction to International Standards on Auditing

ISBN: 978-0273768173

3rd edition

Authors: Rick Hayes, Philip Wallage, Hans Gortemaker

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Question Posted: May 23, 2018 04:31 AM

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Define internal control. Discuss the fundamental concepts in the definition: process, people, reasonable assurance and objectives.

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Internal control is a process affected by an entitys board of directors management and other personnel designed to provide reasonable assurance regard...View the full answer

Principles of Auditing An Introduction to International Standards on Auditing

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