Maurice Tutor

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Category > Management Posted 31 May 2017 My Price 15.00

the accounting department



 

ACCT205-1202B-26 Principles of Accounting I
   
Deliverable Length: 3 to 4 pages
Details:

You are an accountant at a local CPA firm that is auditing the accounting records of ABC Company. You have been asked to educate the accounting department about the limitations of the internal control system in preparation for an upcoming audit. During your audit, you have identified that because of a weak internal control system, an adjusting entry for prepaid insurance was not recorded for the first 3 months of the year at $500 per month.

  • Identify the limitations of the internal control system.

Answers

Maurice Tutor
(5)
Status NEW Posted 31 May 2017 06:05 PM My Price 15.00

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