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A good system of internal control: Urges adherence to prescribed managerial policies. Insures profitable operations. Eliminates the need for an audit. Requires the use of

A good system of internal control:

Urges adherence to prescribed managerial policies.

Insures profitable operations.

Eliminates the need for an audit.

Requires the use of noncomputerized systems.

Is not necessary if the company uses a computerized system.

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