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The Internal Control Objective of 'Classified' Means There Are Controls

Question 59

Multiple Choice

The internal control objective of 'classified' means there are controls in place to ensure that


A) fictitious or duplicate transactions are not included in the books of an organization.
B) correct amounts are assigned to transactions.
C) transactions are recorded in the correct accounting period.
D) transactions are charged and allocated to the correct general ledger account.

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