The objectives of internal controls include: (a) That fictitious transaction is not included in the organizations records.

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The objectives of internal controls include: 

(a) That fictitious transaction is not included in the organization’s records. 

(b) That correct amounts are assigned to transactions. 

(c) That transaction is recorded in the correct accounting period. 

(d) All of the above.

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Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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