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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:

  1. Protect Income and Expenses? Circle: True or False
  2. Protect Assets Circle: True or False
  3. Ensure Relevant accounting? Circle: True or False
  4. Ensure Comparable accounting? Circle: True or False
  5. Uphold company policies? Circle: True or False
  6. Promote Efficient operations? Circle: True or False
  7. Ensure no thefts or fraud Circle: True or False
  8. Guarantee a company will be profitable? Circle: True or False
  9. Are the responsibility of the Auditors, not Management Circle: True or False

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