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Chapter 7, Problem 4RQ
To determine

Internal Control: Internal control refers to the policies, and plans of the business organization along with other measures with a view to safeguard its assets, encourage the employees to adhere to the plans, to improve on the operational efficiency, and to ensure correct and reliable accounting information.

To determine: The difference between an internal auditor, and an external auditor.

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Chapter 7 Solutions

Horngren's Financial & Managerial Accounting, The Managerial Chapters Plus MyLab Accounting with Pearson eText - Access Card Package (6th Edition)

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