Multiple Choice
Which of the following is NOT correct? An effective internal control system for any organisation is one that:
A) discourages inefficient use of resources.
B) helps management safeguard assets.
C) assists management in controlling the company.
D) ensures all errors and irregularities are eliminated.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Which of the following is NOT true
Q10: Simon Ltd's bank statement showed a credit
Q11: Included in the bank statement was a
Q12: In preparing a bank reconciliation statement for
Q13: In preparing a bank reconciliation statement for
Q15: In terms of an effective internal control
Q16: In preparing a bank reconciliation statement for
Q17: Which of the following is NOT a
Q18: In preparing a bank reconciliation statement for
Q19: Which of the following is NOT a