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Karter is very busy and wants to produce a financial report that details the inflows and outflows of cash for his company over the last month.He is interested in producing a/an ______.
Discrepancies
Differences or inconsistencies found when comparing two sets of data or reports, often requiring further investigation.
External Auditors
Independent auditors who examine the financial statements of an entity to ensure accuracy and compliance with applicable standards.
Internal Controls
Procedures and policies implemented by a company to ensure the integrity of financial and accounting information, promote accountability and prevent fraud.
Independent
Free from external control or influence; not connected or dependent on something else.
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