Financial & Managerial Accounting: Information for Decisions, de Ext: Assignment O of 42 Concepts completed Due in less than 12 hours to Multiple Choice Question What is the purpose of internal controls? Internal controls are used by managers as a way to reduce outstanding customer balances O Companies use strong internal controls to guarantee that loss is minated O Managers utile internal controls as a basis of employee performance reviews To help managers know if the business is receiving the assets and services it has paid for Confidence Level Rate your confidence to submit your answer Medium Cancet Resources Reading