True/False
The only reason a company needs to create an internal control system is to deter intentional fraudulent acts.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q96: Annual reports must include an internal control
Q97: Marathon Street Bank sent Flank Industries their
Q98: For a buyer,a purchase order is not
Q99: The key to the classification of an
Q100: When preparing a bank reconciliation,deposits in transit
Q102: An accounting system must be fully computerized
Q103: Which of the following would not appear
Q104: Border Company's Cash account had a
Q105: If receipts from cash sales of $7,500
Q106: If a credit memorandum appears on a