Principle of internal control


a) The main principle of internal control which prevents one individual from being responsible for all the related activities of a given task is ___________.

b) Most of the publicly held corporations are needed to make extensive disclosure of their financial affairs to the ______.

c) For the analysis of financial statements, ratios can be categorized into three kinds: a)________ ratios, b)___ ratios, and c)_____ ratios.

d) The two techniques used in accounting for uncollectible accounts are ____ method and _____ method.

e) Obligations in written form are termed as ____ and generally need the borrower to pay interest.

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Other Subject: Principle of internal control
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