Fundamental Accounting Principles -Hardcover
Fundamental Accounting Principles -Hardcover
22nd Edition
ISBN: 9780077862275
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
Question
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Chapter 8, Problem 3DQ
To determine

Internal control: Internal control is the process of monitoring the business transaction and aligns them with the business objectives.

To determine

Necessity of establishing responsibilities for related transaction.

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