Internal control is a procedure designed by a company, to ensure whether the company’s financial or operationalprocess is done according to the company’s regulations/policies and helps to make operations moreefficient and effective. And a good performance of internal control is beneficial to make the company’s financial report more reliable. To describe: The internal control related to the property, plants, and equipment that may consider in setting the control risk

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Chapter 14, Problem 14.25P

To determine

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Internal control is a procedure designed by a company, to ensure whether the company’s financial or operationalprocess is done according to the company’s regulations/policies and helps to make operations moreefficient and effective. And a good performance of internal control is beneficial to make the company’s financial report more reliable.

To describe: The internal control related to the property, plants, and equipment that may consider in setting the control risk

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