Which of these is not a benefit of a sound system of internal control? Greater reliability...
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Which of these is not a benefit of a sound system of internal control? Greater reliability of the accounting information A highly marketable product Fewer errors а. b. с. d. Less likelihood of fraud Which of the following statements concerning internal control is true? Double entry accounting is an internal control. Fraud will be eliminated by good internal control. Physical counts of stock on hand are not part of internal control procedures. It is OK to pay accounts out of unbanked receipts as long as a note is made of what has occurred. а. b. с. d. Which of these is not a benefit of a sound system of internal control? Greater reliability of the accounting information A highly marketable product Fewer errors а. b. с. d. Less likelihood of fraud Which of the following statements concerning internal control is true? Double entry accounting is an internal control. Fraud will be eliminated by good internal control. Physical counts of stock on hand are not part of internal control procedures. It is OK to pay accounts out of unbanked receipts as long as a note is made of what has occurred. а. b. с. d.
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1 Internal control means plan of organization and all policies and procedu... View the full answer
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