A good system of internal control will safeguard its assets and enhance the accuracy and reliability of its accounting records.

Name: A good system of internal control will safeguard its assets and enhance the accuracy and reliability of its accounting records.
Brand: Quizplus
Rating: 4.9 (30 reviews)

Question

Quizplus · Accepted Answer

A good system of internal control is designed to protect assets from theft or misuse and ensure that financial records are accurate and reliable, which helps in making informed business decisions.

A Good System of Internal Control Will Safeguard Its Assets