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:

Office Equipment

Tools and machines used in an office setting to facilitate work, such as computers, printers, and photocopiers.

Support Products

Additional items or services offered to complement a primary product or service.

Complementary Products

Goods or services that enhance or are necessary for the use of another product, often bought together by consumers.

Producing Other Products

This involves diversifying production to create different products, possibly outside a company’s traditional offerings.