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Internal Control Has Four Major Purposes in Organizations

Question 18

Multiple Choice

Internal control has four major purposes in organizations.Ways to achieve at least one of the four include: (i) requiring supervisory review of how complex transactions are recorded in the journal, (ii) using general ledger software such as Peachtree.


A) I only.
B) II only.
C) Both I and II.
D) Neither I nor II.

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