Internal control is a. the act of stealing a businesss assets. b. the process that helps a

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Internal control is

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

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

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

d. the preparation of fraudulent financial statements.

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Financial Accounting

ISBN: 9781292019543

3rd Global Edition Edition

Authors: Robert Kemp, Jeffrey Waybright, Pearson Education

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