What is the primary role of internal controls in managing a, Financial Accounting

+44 141 628 6080
[email protected]

What is the primary role of internal controls in managing a

What is the primary role of internal controls in managing a business?

a. to prevent cash from being stolen

b. to ensure that the financial statements are presented in such a manner as to provide relevant and relaible information for financial statement users and the companys creditors

c. To constrain subordinates activities in order to prevent employees from deviating from the scope of their responabilities and encouraging them to act in the best interest of the business.

d. to encourage theft and to ensure that segration of duties does not take place

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Financial Accounting: What is the primary role of internal controls in managing a

Reference No:- TGS0999684

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Investigate the cause of the recent werewolf attacks

create a temporary committee to investigate the cause of the recent werewolf attacks in major cities throughout the United States.

Describe marxist theory and psychology of addiction

Compare the Marxist Theory and Psychology of Addiction with the Realistic Theory and psychology of Addition.

Explain framers decisions in creating the constitution

Explain how the Articles of Confederation made the above scenario possible. Describe how this scenario influenced the framers' decisions in creating the Constit

Federal bureaucracy has to put up with a lot of red tape

Question: The Federal Bureaucracy has to put up with a lot of "red tape". What is "red tape" in regards to government?

What power of recognition when it comes to office president

Question: What is "power of recognition" when it comes to the office of the president? Question Select one

What right ordinance power give to the president

Question: What right does the Ordinance Power give to the president? Question Select one:

Analyze leadership of organization during particular event

Analyze leadership of an organization during a particular event or across a defined set of events. The assignment will assess your ability to identify

Request for Solution File

Ask an Expert for Answer!!

Financial Accounting: What is the primary role of internal controls in managing a

Reference No:- TGS0999684

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Accounting

Q : You received an email from carl the operations manager from

Q : The following accounts were taken from abc companyrsquos

Q : Explain the reasons for the structure and function of the

Q : Safin corporationrsquos common stock is currently selling

Q : What is the primary role of internal controls in managing a

Q : John a calendar-year taxpayer subject to a 34 percent

Q : Contrast the structure and function of investment banks

Q : Discuss this assertion by examining two of the long-term

Q : What is the maximum amount that an employee can shelter