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Question Completion Status: QUESTION 1 An internal control system consists of the policies and procedures used to: O Protect assets and Ensure reliable accounting o

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Question Completion Status: QUESTION 1 An internal control system consists of the policies and procedures used to: O Protect assets and Ensure reliable accounting o Urge adherence to company policies and Promote efficient operations Both A and B O None of the Above QUESTION 2 The cost-benefit principle is the second limitation of "Bank Reconciliations Petty Cash Controls Voucher System of Controls Internal Controls

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