A necessary element of internal control is
A) database
B) systems design
C) systems analysis
D) information and communication
Correct Answer:
Verified
Q52: A firm's internal control environment is not
Q61: Procedures designed to protect cash from theft
Q62: The term cash includes
A) coins, currency (paper
Q63: An example of a preventive control is
A)
Q67: On the bank's accounting records, customers' accounts
Q68: A bank statement
A) is a credit reference
Q69: The notification accompanying a check that indicates
Q70: EFT
A) means Efficient Funds Transfer
B) can process
Q71: The reconciliation of the cash register tape
Q76: The debit balance in Cash Short and
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