a.
Introduction: Internal control helps the company maintain its standards, policy and procedures continued to be implied on it employees and colleagues. Size, nature of business and activities of the company differ from company to company, where the process of procedures and policy come along. By providing a reliable internal
To identify: The internal control problems the company faces.
b.
Introduction: Internal control helps the company maintain its standards, policy and procedures continued to be implied on it employees and colleagues. Size, nature of business and activities of the company differ from company to company, where the process of procedures and policy come along. By providing a reliable internal control system, it protects both cash disbursements and receipts equally.
To identify: The internal control problems the company faces.
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