Internal controls are policies and procedures defined by the management to ensure the smooth functioning of the business processes. Internal controls ensure the complete and correct accounting and safeguards to the assets. To choose: the objective of the internal control over inventory management process.

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Chapter 13, Problem 13.15MCQ

To determine

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Internal controls are policies and procedures defined by the management to ensure the smooth functioning of the business processes. Internal controls ensure the complete and correct accounting and safeguards to the assets.

To choose: the objective of the internal control over inventory management process.

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