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Chapter 6 Cash and Internal Controls. INTERNAL CONTROL SELF– STUDY MATERIALS C1: Define internal control and identify its purpose and principles. C2:
Chapter 6 Accounting for Cash and Internal Controls.
Internal Control Assess - firm can maximize possibility of accurate financial reporting and efficiency Assess - minimize the risk of fraud or theft.
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Internal Control and Cash PowerPoint Slides to accompany Fundamental Accounting Principles, 14ce Prepared by Joe Pidutti, Durham College CHAPTER 8 © 2013.
© The McGraw-Hill Companies, Inc., 2005 McGraw-Hill/Irwin Chapter 6 Reporting and Analyzing Cash and Internal Controls 6-1.
1 International Association of Deposit Insurers (IADI) Managing risk more effectively through an entreprise risk management system The perspective of the.
Chapter 7. 2 Chapter 7 Internal Control and Cash After studying Chapter 7, you should be able to: zIdentify the principles of internal control. zExplain.
