Skip to main content
Financial Accounting
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
Five Components of Internal Controls
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Five Components of Internal Controls
Download worksheet
Practice
Summary
Previous
10 of 10
6. Internal Controls and Reporting Cash / Five Components of Internal Controls / Problem 10
Problem 10
Why is information and communication important in internal controls?
A
It simplifies the organizational structure.
B
It ensures timely and accurate data dissemination.
C
It reduces the need for physical controls.
D
It eliminates the need for monitoring.
AI tutor
0
Show Answer