Question:
To safeguard assets and optimize the use of resources a business ........
To safeguard assets and optimize the use of resources a business ........
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Implementing strong internal controls enhances operational efficiency and reduces risks related to assets and resources.
Updated On: Jan 29, 2025
- Only tries to earn sufficient revenue.
- Only ensures accuracy in accounting records.
- Keeps internal controls.
- Only protects its assets.
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The Correct Option is C
Solution and Explanation
Internal controls are essential for safeguarding assets and ensuring efficient use of resources. They help prevent errors and fraud while optimizing operations.
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