COLLEGE ACCOUNTING (LL)W/ACCESS>CUSTOM<
COLLEGE ACCOUNTING (LL)W/ACCESS>CUSTOM<
4th Edition
ISBN: 9781260255157
Author: Haddock
Publisher: MCG CUSTOM
Question
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Chapter 4, Problem 1MF
To determine

Explain the manner in which a poor set of accounting procedures affect the flow of information to management.

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Students have asked these similar questions
Why do deficiencies in internal control not always lead to material misstatement when recording transactions?
Should an auditor wishing to assess the adequacy of separation of functions examine a data flow diagram or a system flowchart? Why?
How to ensure that overstatement as well as misstatements of account balances due to redundancy and out-of-date of information flows are identified and terminated?
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