List the objectives of internal control and give an example of how each is implemented.
The objectives of internal control are to provide reasonable assurance that:
(1)Assets are safeguarded and used for business puposes.
(2)Business information is accurate.
(3)Employees comply with laws and regulations.

Question

List the objectives of internal control and give an example of how each is implemented.
The objectives of internal control are to provide reasonable assurance that:
 (1)Assets are safeguarded and used for business puposes.
(2)Business information is accurate.
(3)Employees comply with laws and regulations.

Quizplus · Accepted Answer

The Answer of List the objectives of internal control and give an example of how each is implemented.
The objectives of internal control are to provide reasonable assurance that:
 (1)Assets are safeguarded and used for business puposes.
(2)Business information is accurate.
(3)Employees comply with laws and regulations.

List the Objectives of Internal Control and Give an Example