Small Business Internal Controls

Essay specific features

 

Issue:

Business

 

Written by:

Jeffrey B

 

Date added:

November 27, 2016

 

Level:

 

Grade:

B

 

No of pages / words:

4 / 933

 

Was viewed:

2670 times

 

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Essay content:

(Hrncir, 224) Most systems are designed to accomplish four basic tasks: 1. Protect assets. 2. Produce reliable accounting information. 3. Promote operational effectiveness. 4. Require adherence to company policies and procedures. There are two types of internal controls which are equally important to a successful small business...
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Protect assets. 2. Produce reliable accounting information. 3. Promote operational effectiveness. 4. Require adherence to company policies and procedures. There are two types of internal controls which are equally important to a successful small business. Financial or accounting internal controls are intended to ensure the protection of company assets...
displayed 300 characters

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