Question: Managers place a high priority on internal control systems because the systems assist managers in the: Select one: a. All of these answers are correct.

Managers place a high priority on internal control systems because the systems assist managers in the: Select one: a. All of these answers are correct. b. Monitoring of company performance. c. Monitoring of employee performance. d. Prevention of avoidable losses. e. Planning of operations. It is not necessary for businesses to reconcile their chequing accounts since banks keep accurate records and provide internal control support for cash. Select one: o True False

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