Practicing Success
Practicing Success
CUET Preparation Today
| What are internal controls designed to do? |
safeguard assets and optimise the use of resource achieve maximum revenue safeguard assets ensure accurate accounting records
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| safeguard assets and optimise the use of resource |
| The primary purpose of internal controls is to help safeguard an organization and further its objectives. Internal controls function to minimize risks and protect assets, ensure accuracy of records, promote operational efficiency, and encourage adherence to policies, rules, regulations, and laws. |
