Internal control is a. the act of stealing a businesss assets. b. the preparation of fraudulent financial

Question:

Internal control is

a. the act of stealing a business’s assets.

b. the preparation of fraudulent financial statements.

C. the process that helps a business achieve its objectives, such as operating efficiently and effectively.

d. the reconciliation of the bank’s cash balance to the book’s cash balance.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780136060482

1st Edition

Authors: Jeffrey Waybright, Robert Kemp

Question Posted: