Which of the following statement is not type for internal control system?
A. Facilitates the effectiveness and efficiency of operations.
B. helps safeguarding the assets of the entity.
C. Assist compliance is required in . flowchart, it can be easily done.
D. Helps ensure the reliability of only internal financial reporting and not external financial reporting.
Answer:D
Which of the following statement is not type for internal control system?
A. Facilitates the effectiveness and efficiency of operations. B. helps safeguarding the assets of the entity. C. Assist compliance is required in . flowchart, it can be easily done. D. Helps ensure the reliability of only internal financial reporting and not external financial reporting.