$10,2\mathrm{.}5$ points

AlSs depend on codes to record, classify, store and retrieve financial data. Which of the following codes is a group of numbers reserved for particular uses?

Block Codes

Numeric Codes

Mnemonic Codes

Alphanumeric Codes

Clear my selection

$2\mathrm{.}5$ points

A company's control environment is unimportant when developing an internal control system.

True

False

$2\mathrm{.}5$ points

It is normally considered good organizational design to establish the internal audit function within the accounting subsystem.

True

False