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After shooting his father,David,in a very rational and reasonable manner,tells his lawyer that he was depressed when he shot his father.In fact,he has once been diagnosed as having major depressive disorder.David informs his lawyer that,although he knew it was wrong and could have stopped himself,he hated his father so much that he shot him.In court,David will likely be found ____.
Internal Control
Actions and protocols set up by an organization to safeguard the reliability of its financial and accounting data, foster responsibility, and mitigate fraudulent activities.
Bank Reconciliations
The process of comparing and matching the balance of an accounting record (ledger) with the corresponding bank statement, identifying and rectifying any discrepancies.
Cash Account
A type of financial account that records cash transactions, including the receipt and spending of cash.
Check Register
A record, often part of a ledger or accounting software, used to track checks issued, deposits, and current account balances.
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