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lidiya [134]
3 years ago
13

Managers place a high priority on internal control systems because the systems assist managers in all of the following except: a

. Ensuring reliable accounting. b. Assuring that no loss will occur. c. Protecting assets. d. Upholding company policies. e. Promoting efficient operations.
Business
1 answer:
gulaghasi [49]3 years ago
7 0

Answer:

b. Assuring that no loss will occur.

Explaination:

Most businesses want to make profits, therefore certain measures are usually taken to achieve this objective. One such measure used is called internal control systems.

Internal control systems in most organizations includes set of rules, policies, and procedures to be followed by employees to increase efficiency of operations. Achieving increase efficiency would result in lesser losses

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Answer:

Explanation:

The journal entries are shown below:

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(Being the issuance of the bond is recorded and the remaining balance is debited to the discount on bond payable account)

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(Being the issuance of the bond is recorded and the remaining balance is credited to the premium on bond payable account)

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3 years ago
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How could the federal reserve encourage banks to lend out more of their reserves?
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