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what is the answer 6. Which of the following is a good system of internal control: A. Urges adherence to prescribed managerial policies B. Insures
what is the answer
6. Which of the following is a good system of internal control: A. Urges adherence to prescribed managerial policies B. Insures profitable operations C. Eliminates the need for an audit D. Requires the use of non-computerized systems E. Is not necessary if the company uses a computerized system 7. The maturity date of a note receivable: A. Is the day of the credit sale B. Is the day the note was signed C. Is the day the note is due to be paid D. Is the date of the first payment E. Is the last day of the month 8. The total cost of an asset less its accumulated depreciation is called: A. Historical cost B. Book value C. Present value D Current (market) value Step by Step Solution
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