Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Organizations employ internal control as a mechanism to guarantee the accuracy and promptness of their organizational activities. It is created by an organization's management and

Organizations employ internal control as a mechanism to guarantee the accuracy and promptness of their organizational activities. It is created by an organization's management and directors to guarantee the reliability of its procedures and their adherence to rules and regulations. Identify and explain at least Five(5) internal controls used in business organisations.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statutory Audits In Europe

Authors: Michael Kend, Giulia Leoni, Cristina Florio, Silvia Gaia

1st Edition

1032201738, 978-1032201733

More Books

Students also viewed these Accounting questions