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Chapter 1 3 Accounting Information Systems and Internal Controls ( AIS and Internal Controls ) . 4 - Three main functions of internal control are
Chapter Accounting Information Systems and Internal Controls
AIS and Internal Controls Three main functions of internal control are prevention, detection and correction of errors and fraud.
Provide an example of a preventive control that may be used to ensure journal entries are correct.
Provide an example of a detective control that may be used to ensure correct balances in general ledger
accounts.
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