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What is the methods of internal control account debtors and creditors?
ahshshj
Format for Debtors control account and creditors control account?
debtors
What is Creditors Collection Period?
The creditors' payment period is an activity ratio. It measures the average amount of days the business takes to pay its creditors i.e. suppliers. The more days available to pay the better.
Difference between internal audit and internal control systems?
Distinguish between internal audit and internal control.
The plan of organization and all the related methods and measures adopted within a business to safeguard its assets and enhance the accuracy and reliability of its accounting records?
Internal Control
What is the methods of internal control account debtors and creditors?
ahshshj
Measures of internal control for fixed assets?
There are quite a few measures of internal control for fixed assets. Insurance coverage for asset exposure, correct depreciation calculated and applied after each period, tax reports filed for each jurisdiction, and approval process for Capital Expenditures.
Three internal control objectives for financial reporting?
There are actually four internal control objectives of financial reporting. They are 1) Control Environment 2) Risk Assessment 3) Information and Communication Systems 4) Monitoring. These internal control objectives help aid in presenting financial statements that are free of material misstatements. But just because internal control measures are implemented, doesn't mean people cannot circumvent those controls.
Format for Debtors control account and creditors control account?
debtors
What is Creditors Collection Period?
The creditors' payment period is an activity ratio. It measures the average amount of days the business takes to pay its creditors i.e. suppliers. The more days available to pay the better.
In what state did the banks and creditors control the government?
Massachusetts
In states did the banks and creditors control the government?
Massachusetts
In what states did the banks and creditors control the government?
Massachusetts
Difference between internal audit and internal control systems?
Distinguish between internal audit and internal control.
The plan of organization and all the related methods and measures adopted within a business to safeguard its assets and enhance the accuracy and reliability of its accounting records?
Internal Control
Audit program for creditors?
Step involved to determine the compliance to procedures and internal controls
What is the internal angle of a regular pentagon?
Each internal angle measures 108 degrees
