Examlex
Which of the following is not a control that can be instituted to prevent financial fraud?
Withdraws
The action of taking money out of an account, or removing capital from a business by its owners.
Personal Use
Personal use refers to the utilization of property, assets, or services for individual rather than business or commercial purposes.
Journal Entry
A record of financial transactions in the accounting books of a business, showing the accounts affected and the amounts of debits and credits.
Purchase on Account
A transaction in which a buyer acquires goods or services with an agreement to pay the supplier at a later date, typically billed through an invoice.
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