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:

Punctuated Correctly

Written with all necessary punctuation marks in place, ensuring clarity and proper understanding.

Cluttered and Messy

Describes a state or condition where an area, room, or space is disorganized and filled with an excessive amount of items, making it difficult to navigate or use efficiently.

Conjunctions

Words used to connect clauses, sentences, or other words, such as "and," "but," and "or."

Punctuated Correctly

Having written text where the punctuation marks are used accurately according to the rules of grammar.