Internal Control: Policies, methods opted by an organization for the achievement of organizational objectives with effective utilization of its resources. To explain: After certain period of time, internal controls become imperative.

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Chapter 6, Problem 2DQ

To determine

Internal Control:

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

To explain: After certain period of time, internal controls become imperative.

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