The Principles of Internal Control Include: Establish Responsibilities, Maintain Adequate

question 10

True/False

The principles of internal control include: establish responsibilities, maintain adequate records, insure assets, separate recordkeeping from custody of assets, and perform regular and independent reviews.

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Definitions:

Internet

A network of networks that’s the largest network in the world, connecting billions of computers globally.

Credit Card Fraud

Credit card fraud involves unauthorized use of another person's credit card information to make purchases or withdraw funds.

Unsolicited E-mail

Email messages that are sent without the recipient's prior request or consent, often considered as spam.

Antivirus Software

Software designed to detect, prevent, and remove malware, including viruses, from computers and networks.