Financial and Managerial Accounting
Financial and Managerial Accounting
7th Edition
ISBN: 9781259726705
Author: John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 6, Problem 1E
To determine

Internal control system: A procedure of making or adopting methods relating to the safeguard of the business with the accomplishment of organizational objective efficiently is known as internal control system.

Strong internal control system makes a company stronger.

To indicate: Internal control system and principles ignored in internal control system of F Company.

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