Question: Indicate which statements are true and which are false. The primary objective of internal control procedures is to safeguard the business against theft from government
Indicate which statements are true and which are false.
The primary objective of internal control procedures is to safeguard the business against theft from government
agencies.
Intemal control procedures should be designed to protect assets from waste and theft.
Separaling the responsibility for a transaction between two or more individuals or departments will not help prevent
someonetionace creating a fictitious invoice and paying the money to himherself
One abjective of internal control procedures is to safeguard the assets of the business.
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