Tell why an effective internal control system is necessary and what it is expected to accomplish. Give

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Tell why an effective internal control system is necessary and what it is expected to accomplish. Give examples of internal controls designed to protect - a company's cash, its inventory, and the integrity of its financial reports.

Related Book For answer-question

Financial Accounting

ISBN: 978-0134725987

12th edition

Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

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Posted Date: Mar 06, 2024 08:08 AM

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Tell why an effective internal control system is necessary and what it is expected to accomplish. Give

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An effective internal control system is necessary for several reasons 1 Safeguarding Assets It helps protect a companys assets from theft fraud or mis... View the full answer

Financial Accounting

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