Financial and Managerial Accounting (Looseleaf) (Custom Package)
Financial and Managerial Accounting (Looseleaf) (Custom Package)
6th Edition
ISBN: 9781259754883
Author: Wild
Publisher: MCG
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Chapter 6, Problem 1E
To determine

Internal control system: A procedure of making or adopting methods relating to the safeguard of the business with the accomplishment of organizational objective efficiently is known as internal control system.

Strong internal control system makes a company stronger.

To indicate: Internal control system and principles ignored in internal control system of F Company.

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