FINANCIAL ACCT.FUND.(LOOSELEAF)
FINANCIAL ACCT.FUND.(LOOSELEAF)
7th Edition
ISBN: 9781260482867
Author: Wild
Publisher: MCG
Question
Book Icon
Chapter 6, Problem 1DQ
To determine

Internal Control: Policies, methods opted by an organization for the achievement of organizational objectives with effective utilization of its resources.

To explain: Seven broad principles of internal control.

Blurred answer
Students have asked these similar questions
List four requisites of internal control.
Define and describe the five basic components of internal control and specifysome of their characteristics.
Describe in detail with relevant examples about the limitations of internal control and Explain about five components of internal control
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Principles of Accounting Volume 1
Accounting
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax College
Text book image
Auditing: A Risk Based-Approach (MindTap Course L...
Accounting
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Cengage Learning
Text book image
Cornerstones of Financial Accounting
Accounting
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Cengage Learning