Connect 2 Semester Access Card for Financial and Managerial Accounting
Connect 2 Semester Access Card for Financial and Managerial Accounting
6th Edition
ISBN: 9780077633059
Author: John Wild, Ken Shaw
Publisher: McGraw-Hill Education
Question
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Chapter 6, Problem 3QS
To determine

Internal Controls:

One of the principles of internal control is safeguard of cash for which certain practices are needed to be followed in an organization. Also it helps in saving reputation and cost as well.

To identify: Whether the given statement is true or false.

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