An internal control system consists of the policies and procedures companies use

Question

An internal control system consists of the policies and procedures companies use to protect assets, ensure reliable accounting, promote efficient operations, and urge adherence to company policies.
True or false An internal control system consists of the policies and procedures companies use to protect assets, ensure reliable accounting, promote efficient operations, and urge adherence to company policies.
True or false An internal control system consists of the policies and procedures companies use to protect assets, ensure reliable accounting, promote efficient operations, and urge adherence to company policies.
True or false

Explanation / Answer

True

internal control system consists of policies and procedures managers use to protect assets, ensure reliable accounting, promote efficient operations, and urge adherence to company policies

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