Internal control involves,in part,the protection of a company's assets.

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Internal control is the system of financial, operational, and administrative policies and procedures that are established to protect a company's assets, ensure the accuracy and reliability of its accounting records, and promote compliance with laws and regulations. Therefore, one of the primary purposes of internal control is to safeguard a company's assets from unauthorized use, theft, fraud, and other forms of loss or damage.

Internal Control Involves,in Part,the Protection of a Company's Assets