Explain Some Controls That Can Be Used in an Organization

question 54

Essay

Explain some controls that can be used in an organization to safeguard cash and other assets.

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Definitions:

Current Approach

The present method or strategy being used to tackle a situation or solve a problem.

Clean Water Act

is a primary federal law in the United States governing water pollution, aiming to restore and maintain the chemical, physical, and biological integrity of the nation's waters.

Water Pollution

The contamination of water bodies such as lakes, rivers, oceans, and groundwater caused by harmful substances being discharged into them.

Main Responsibility

The primary duty or obligation that an individual or entity is expected to fulfill.