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Describe some uses of excess cash.
Internal Control Objectives
The goals aimed at ensuring the reliability of financial reporting, compliance with laws and regulations, and effectiveness of operations.
Financial Reports
Documents that provide an overview of a company's financial condition, including balance sheets, income statements, and statements of cash flows.
Applicable Laws
The set of relevant laws and regulations that apply within the jurisdiction of a business operation or transaction.
Sarbanes-Oxley Act
A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.
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