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

Question:

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.

AppendixLO1

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

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

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

Question Posted: