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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
Which of the following is true of internal control?
A) A company's outside auditor is responsible for the company's internal control system.
B) Internal controls are only necessary for public companies.
C) One of the major purposes of internal control is to ensure that the assets are safeguarded.
D) Internal control procedures tend to diminish the importance of operational efficiency.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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