An element of internal control is

Name: An element of internal control is
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Control procedures are specific activities or tasks designed to ensure that management directives are carried out and that internal control objectives are achieved. Generally accepted accounting principles (A) are rules and standards used in financial reporting. Concepts (C) and principles (D) are broad understandings or guidelines for accounting practices but are not specific elements of internal control.

An Element of Internal Control Is