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    Ayumi14's Avatar
    Ayumi14 Posts: 1, Reputation: 1
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    #1

    Aug 21, 2014, 05:44 PM
    Help with accounting question
    One reason why internal control measures are important for a business?
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
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    #2

    Aug 21, 2014, 05:46 PM
    Embezzlement
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    #3

    Aug 21, 2014, 11:02 PM
    Chaos
    K2Mookey's Avatar
    K2Mookey Posts: 8, Reputation: 1
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    #4

    Aug 28, 2014, 01:18 PM
    Internal Controls are used to prevent employee dishonesty. One example is separation of duties. For example, the person who opens the mail does not create the deposit or take it to the bank.

    For more information on this topic, read about the "Single Audit Act"

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