Multiple Choice
Which of the following is one of the purposes of internal control?
A) to encourage employees to follow company policy
B) to ensure timely payment of Accounts Payables
C) to ensure timely collection of Accounts Receivable
D) to guarantee that a business makes a profit
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q39: A point-of-sale terminal provides control over cash
Q58: Which of the following led to the
Q59: Check payment for $658 was incorrectly entered
Q64: Which of the following is true of
Q65: Which of the following components of internal
Q66: Which of the following is one of
Q68: A check for which a maker's bank
Q78: For good controls over cash payments,the company
Q96: The bank statement reveals an EFT received
Q243: Which of the following items must be