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3. Identify the five components of a good internal control system.

3. Identify the five components of a good internal control system.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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3. Identify the five components of a good internal control system.
Transcribed Image Text:3. Identify the five components of a good internal control system.
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Internal control system is the set of policies, regulations established in the organisation in order to ensure that the organizational policies are adhered to efficiently and effectively.

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