Question: When evaluating the overall consolidation process, accountants must consider the internal control processes that could be compromised if not strictly followed. What are some measures

When evaluating the overall consolidation process, accountants must consider the internal control processes that could be compromised if not strictly followed. What are some measures that accountants or officers should follow?

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Putting in place a set of policies and procedures known as internal controls has the following objectives Internal controls safeguard assets from theft or accidental loss Internal controls ensure that ... View full answer

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