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Is a method of organising the accounting system of a business concern or a factory by which the duties of various clerks are arranged in such a way that the work of one person is automatically checked by another.a) Internal control b) Internal check c) Internal audit d) All of the above |
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Answer» INTERNAL check is a method of organising the ACCOUNTING system of a business concern or a factory by which the duties of various clerks are arranged in such a way that the work of one person is automatically checked by another. Option (b) More Information: Characteristics of Internal check:-
Advantages of Internal check:-
Disadvantages of Internal check:-
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