Internal control is used in a business to enhance the accuracy and reliability of its accounting records

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Internal control is used in a business to enhance the accuracy and reliability of its accounting records and to:

(a) safeguard its assets.

(b) prevent fraud.

(c) produce correct financial statements.

(d) deter employee dishonesty.

(SO 1)

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jun 13, 2024 02:10 AM

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Internal control is used in a business to enhance the accuracy and reliability of its accounting records

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Financial Accounting Tools For Business Decision Making

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