Internal control : Internal control is a process which ensures continuous reliability of accomplishment, of a company’s objectives, related to operations, financial reporting, and in conformity with laws and regulations. To indicate and explain : Whether the given situation is a violation of internal control or not

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Chapter 7, Problem 7Q

To determine

Internal control: Internal control is a process which ensures continuous reliability of accomplishment, of a company’s objectives, related to operations, financial reporting, and in conformity with laws and regulations.

To indicate and explain: Whether the given situation is a violation of internal control or not

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