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What is a potential problem with the use of IUDs?
Safeguarding Cash
Implementing measures and controls to protect cash assets from theft, fraud, or misuse.
Contractual Restrictions
Limitations placed on transactions, operations, or activities that are outlined in a legal contract between parties.
Negotiable Checks
Checks that can be converted to cash or equivalent by the holder, allowing for easier transactions and liquidity.
Internal Control
Systems and procedures designed to ensure the accuracy and reliability of financial reporting, compliance with laws and regulations, and effective and efficient operations.
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