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Managers place a high priority on internal control systems because the systems assist managers in all of the following except:
Total Assets
The sum of all current and non-current assets owned by a company, showing the total resources available for use.
Component
A part or element of a larger system, product, or set of operations that contributes to the overall function.
Entity
A broad term that can refer to any individual, company, organization, or institution that has a separate legal existence.
Major Line Of Business
The primary area or category of product or service offering that generates the most revenue for a company.
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