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    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 2: Accounting for Accruals and Deferrals
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    What Is the Term Used to Describe the Policies and Procedures
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What Is the Term Used to Describe the Policies and Procedures

Question 78

Question 78

Multiple Choice

What is the term used to describe the policies and procedures that are designed to reduce the opportunities for fraud?


A) Internal controls
B) Asset source transactions
C) Accounting standards
D) Financial systems

Correct Answer:

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