Accounting procedures, precautions, and forms established to prevent and minimize errors and fraud are called
A) internal controls.
B) external controls.
C) audits.
D) bookkeeping.
Correct Answer:
Verified
Q54: Match the term with the best descriptor.
-oversees
Q55: What is something of value that can
Q56: A(n) _ serves to discover mistakes after
Q57: Match the term with the best descriptor.
-keeps,
Q58: _ refers to the activities involved in
Q60: The two types of accounting are _
Q61: Explain generally accepted accounting principles.
Q62: What are the three steps in the
Q63: Define budget. List and describe the two
Q64: Match the term with the best descriptor.
-record
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