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A System of Internal Control Is Not Needed When a Company

question 14

True/False

A system of internal control is not needed when a company regularly takes a physical inventory.


Definitions:

Child Abuse Prevention

Strategies and actions aimed at stopping maltreatment of children, including physical, emotional, sexual abuse, or neglect.

Homosexuals

Individuals attracted to members of the same sex.

Professionals

Professionals are individuals who possess specialized knowledge, skills, and often credentials in a particular field, engaging in activities considered a profession.

Inappropriate Touching

Touching another person in a way that is unwanted, without consent, or in a sexual manner that is inappropriate for the context or relationship.

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