Why is a policies and procedures manual considered an element of internal control?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Formally written and thorough documentation on prescribed policies and proced...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Accounting Information Systems The Processes and Controls
ISBN: 978-1118162309
2nd edition
Authors: Leslie Turner, Andrea Weickgenannt
Question Posted:
Students also viewed these Accounting questions
-
An internal control system consists of all policies and procedures used to protect assets, ensure reliable accounting, promote efficient operations, and urge adherence to company policies. Evaluate...
-
What is a critical element of internal control in the handling of receivables by a business? Explain how this element is accomplished.
-
Internal control systems include policies and procedures designed to provide reasonable assurance that the corporations objectives are being met in three areas: a. Effectiveness and efficiency of...
-
10 1 Journalize the following transactions for Bigelow Company for the month of October. 31 Oct Stockholders invest cash in the company in exchange for common stock. 5 Oct The company buys a delivery...
-
Shirley Riddle earns $2,319 biweekly. She is single and claims no withholding allowances. She saves 2% of her salary for retirement and pays $22.80 in nonexempt insurance premiums each pay period....
-
The statement of financial position of Bagley Incorporated as at July 31, Year 4, is as follows: On August 1, Year 4, the directors of Bagley considered a takeover offer from Davis Inc., whereby the...
-
True or False: Broken rotor bars are just as easily identified at rest as during full-load operation of the motor.
-
The following financial data were reported by 3M Company for 2009 and 2010 (dollars in millions). Instructions (a) Calculate the current ratio and working capital for 3M for 2009 and 2010. (b)...
-
Identify the foundation requirements for the types of excavation below. Types of excavation Foundation requirements Trench Pit Reduced level Boring with trench pits Pit excavation
-
Pradeep is a trader. He provided the following information: $ Inventory at cost on 1 August 205 ....................... 1,600 For the year ended 31 July 206: Purchases...
-
Name and distinguish among the three types of internal controls.
-
Why does a company need to be concerned with controlling access to its records?
-
Sketch the graph of the function. y = 2 x
-
The total charge Q is just the sum of the charges on all of the charge particles with charge e. Q=Ne If 2.3 x 1020 electrons move through an electronic device, then how many Coulombs were moved?
-
What specific steps does your organization take to respond to zero-day vulnerabilities that require immediate patching, and how do you ensure minimal disruption during such events ?
-
What do you think is important to be successful in the workplace? Identify three customer service skills that you wish to improve in your job?
-
In January 2 0 2 3 , Kwality Builders Pty Ltd won an award for Best Custom House Project for the 2 0 2 2 year. As a result of this, customer demand has increased such that sales volume has increased...
-
Based on your selection of a product to sell in the FAB assignment in Module 9, provide three objections to that product with a way to overcome that objection. Classmates are to comment on at least...
-
The dosage D of diphenhydramine for a dog of body mass w kg is D = 4.7w 2/3 mg. Estimate the maximum allowable error in w for a cocker spaniel of mass w = 10 kg if the percentage error in D must be...
-
1. Firms may hold financial assets to earn returns. How the firm would classify financial assets? What treatment will such financial assets get in the financial statements in accordance with US GAAP...
-
Show that the kinetic energy of a 3-kg dog running at a speed of 4 m/s is 24 J. Work9energy theorem: Work = KE, Fd = 1/2 mv 2
-
What are common features of computerized accounting packages beyond recording transactions and preparing financial statements?
-
What are common features of computerized accounting packages beyond recording transactions and preparing financial statements?
-
What are common features of computerized accounting packages beyond recording transactions and preparing financial statements?
-
A 3.0 resistor is connected across the terminals of a 100 V battery. If 0.50 A of current flows, what is the internal resistance of the battery?
-
The rate of blood flow through the aorta is Q = 100 cm/s. A capillary has an average cross sectional area of Acap = 3 x10 -11 m and supports a blood speed of cap = 1 mm/s. From this information, what...
-
A particle is trapped in a potential well described by U(x)=16-b where U is in joules, x is in meters, and b= 4.0 J. Find the force on the particle when it's at a) x=2.2m and b) x=-1.7m.
Study smarter with the SolutionInn App