1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kondor19780726 [428]
2 years ago
8

Summarize the primary characteristics of an effective internal control system for cash.

Business
1 answer:
Archy [21]2 years ago
3 0

Internal controls shield your business from fraud, theft, and mistakes. Effective internal controls preserve your assets, cut down on loss, and maintain the accuracy of your financial reporting, among other traits.

Internal control is a procedure implemented by a company's management, board of directors, and other staff members and is intended to give reasonable assurance that the information is accurate, timely, and reliable. of adherence to relevant laws, rules, agreements, policies, and procedures.

Internal control is a procedure for ensuring that an organization's objectives in operational effectiveness and efficiency, accurate financial reporting, and compliance with laws, rules, and policies are met, according to the definitions of accounting and auditing.

Learn more about Internal control here

brainly.com/question/26398073

#SPJ4

You might be interested in
Required information Skip to question [The following information applies to the questions displayed below.]
Dimas [21]

Answer:

($148 million)

Explanation:

Calculation to determine Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021

Cash flow from Investing activities ($ Million)

Proceeds from sale of land 12

Purchase of Investment (160)

Net cash inflows (outflows) from Investing activities ($148)

Therefore Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021 will be ($148 million)

8 0
3 years ago
Laura understands the reasons her boss assigned other team members to the better projects but thinks the way he told her about i
ratelena [41]

Answer: interactional

Organizational justice refers to an employee ’s perceptions of fairness in the place of his work. There are four components of organizational justice: .distributive, informational interactional, and procedural. Of the four, Laura is feeling interactional injustice which based on interpersonal interactions and treatment of his boss towards her team members.

8 0
3 years ago
Determine the total product cost for the year.determine the total cost of the ending inventory. determine the total of cost of g
ankoles [38]
The answer is B. It would help if you added more details.
6 0
3 years ago
How might a technology company like apple ensure that it behaves in a socially responsible way toward its customers? by protecti
Serhud [2]

The correct answer is the first option. By protecting the privacy of personal information collected on its website a company like apple would be behaving in a socially responsible way towards its customers. Technology companies like apple have a responsibility to protect the personal information of its customers, if this wasn't the case then people would not buy their products as they would not have any faith in the company.

7 0
3 years ago
Read 2 more answers
What is 450x12 PLZ HELP ME I NEED HELP
bulgar [2K]

Answer:

5400

quick and easy  thank u

6 0
2 years ago
Other questions:
  • Complete the following statement. Merchandise inventory that is still available for sale is considered a(n) (asset/expense/reven
    10·2 answers
  • Bankston Corporation forecasts that if all of its existing financial policies are followed, its proposed capital budget would be
    11·1 answer
  • Services are _____ in that they cannot be stored for use in the future.
    10·1 answer
  • One of the controversies surrounding america's energy markets is the trade-off between energy production and clean air. assuming
    14·1 answer
  • The reason the production possibilities curve is bowed outward (concave) is
    7·1 answer
  • When should i use a comma to separate a description of items in a sentence
    8·1 answer
  • A small business owner visits his bank to ask for a loan. The owner states that she can repay a loan at $2,500 per month for the
    10·1 answer
  • If 30,000 after-tax dollars are invested at 7% in a single-premium tax-deffered annuity, how many after-tax dollars will be accu
    6·1 answer
  • The Gardner Company, a client of your firm, has come to you with the following problem. It has three clerical employees who must
    8·1 answer
  • Strongheart Enterprises anticipated selling 27,000 units of a major product and paying sales commissions of $6 per unit. Actual
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!