Question

Role of internal control system to reduce fraud and error

Answer 1

the Role of internal control system to reduce fraud and error indicates the teteaxus meritum.

Answer 2

International Standards on Auditing states that internal control system “means all the policies and procedures (internal controls) adopted by the management of an entity to assist in achieving management's objective of ensuring, as far as practicable, the orderly and efficient conduct of its business, including ...