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The preparation of a bank reconciliation on a regular basis is an example of which attribute of internal control? Adherence to company policies and procedures
The preparation of a bank reconciliation on a regular basis is an example of which attribute of internal control?
Adherence to company policies and procedures | ||
Promote operational efficiency | ||
Minimize irregularities, thefts or fraud | ||
Maximize the reliability and accuracy of accounting data | ||
Separation of record keeping from control of cash |
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