Internal control is: A. The process that helps a business achieve its objectives such as operating efficiently and effectively. B. The preparation of fraudulent financial statements. C. The reconciliation of the bank’s cash balance to the book’s cash balance. D. The act of stealing a business’ assets.
Internal control is:
A. | The process that helps a business achieve its objectives such as operating efficiently and effectively. |
B. | The preparation of fraudulent financial statements. |
C. | The reconciliation of the bank’s cash balance to the book’s cash balance. |
D. | The act of stealing a business’ assets. |