Internal control is a set of policies, procedures, and activities to achieve an enterprise's objectives that are related to what?
What will be an ideal response?
Answer:
1. Effective and efficient operations.
2. Reliable financial reporting, preventing and detecting both intentional errors (fraud) and unintentional errors (mistakes).
3. Safeguard assets including information assets associated with the accounting system.
4. Comply with applicable laws and regulations.
Business
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__________________: Ethical system stating that all people should uphold certain values that society needs to function
Fill in the blank(s) with the appropriate word(s).
Business
List and briefly describe the components of the value chain that service companies can use to attempt to differentiate themselves from the competition
What will be an ideal response?
Business