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Internal Control systems are established to Required: Protect Income and Expenses? Circle: True or False Protect Assets Circle: True or False Ensure Relevant accounting? Circle:
Internal Control systems are established to
Required:
- Protect Income and Expenses? Circle: True or False
- Protect Assets Circle: True or False
- Ensure Relevant accounting? Circle: True or False
- Ensure Comparable accounting? Circle: True or False
- Uphold company policies? Circle: True or False
- Promote Efficient operations? Circle: True or False
- Ensure no thefts or fraud Circle: True or False
- Guarantee a company will be profitable? Circle: True or False
- Are the responsibility of the Auditors, not Management Circle: True or False
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