Internal control is used in a business to enhance the ;i curacy and reliability of its accounting
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Internal control is used in a business to enhance the ;i curacy and reliability of its accounting records and to:
a. safeguard its assets.
b. prevent fraud.
c. produce correct financial statements.
(I. deter employee dishonesty.
(SO 7)
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Related Book For
Financial Accounting Text Only
ISBN: 9780006575405
5th Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
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