Supplement - Accountability for Work Done Flashcards Preview

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Flashcards in Supplement - Accountability for Work Done Deck (3)
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1

What is the Concept of Accountability?

it's to have the work of one person checked by a second person who is not directly involved

2

What is Internal Control?

it's another name for "Concept of Accountability"

3

What does Internal Control do?

it will reassure company management and auditors that the process is adequate