Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the best way for owners of small businesses to maintain proper internal controls? Group of answer choices Only managers need to be concerned
What is the best way for owners of small businesses to maintain proper internal controls?
Group of answer choices
Only managers need to be concerned about internal controls.
The owner must have enough knowledge of all aspects of the company and have controls in place to track all assets.
Small businesses do not need to worry about internal controls.
Small businesses should make one of their employees in charge of all aspects of the company, giving the owner the ability to run the company and generate sales.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started