Which of the following is not necessarily one of the benefits of effective internal control?
A) Safeguarding of assets
B) A sound liquidity position
C) More accurate accounting data
D) A more efficient accounting system
Correct Answer:
Verified
Q1: The asset most commonly subject to misappropriation
Q2: How many of the following are
Q3: If the cash in the cash register
Q5: Which of the following is not a
Q6: Total cash sales for the day amounted
Q7: The procedures adopted by a business to
Q8: Which of the following is a limitation
Q9: Which of the following is not included
Q10: Which of the following is not a
Q11: As a business grows and the owner
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