Class question

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Ze.Haxabja

Business Finance

Description

This is my class question I need done with at least 125 words. Please No Plagiarism. I would like for you to use your own words,but if not please cite-in-text with reference.

  • What is the strengths and weaknesses of an internal control system?

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Explanation & Answer

Attached.

INTERNAL CONTROL SYSTEMS

1

Internal Control Systems
Name:
Date:
Institution:

INTERNAL CONTROL SYSTEMS

2

Internal Control Systems
Internal control systems represent a set of rules, regulations, policies, and procedures followed by
employees, managers and the business owner that ensure an organization, company or institution
provides a reasonable assurance. The assurances are on reliable financial statements, effective and
efficient operations and the general activities carried out are according to the set laws and
regulations.
Strengths ...


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