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Which answers would you put no explanation necessary? Why are budgets useful in the planning process? They guarantee the company will be profitable if it
Which answers would you put no explanation necessary?
Why are budgets useful in the planning process? They guarantee the company will be profitable if it meets its objectives. They help communicate goals and provide a basis for evaluation. They provide management with information about the company's past performance. They enable the budget committee to earn their paycheck. Internal control measures only apply to publicly traded companies. are in place to safeguard assets. can eliminate all irregularities in the accounting process. All of these answer choices are correct. Which of the following statements is correct? Due to its liquid nature, cash is the easiest asset to steal. A good system of internal control will ensure that employees will not be able to steal cash. It takes two or more employees working together to be able to steal cash. All of these answer choices are correct. If employees are bonded they have been insured against misappropriation of assets. they have worked for the company for at least 10 years. it is impossible for them to steal from the company. it means that they are not allowed to handle cashStep by Step Solution
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