Accounting-Internal Control

How might internal controls help or hinder a company’s success? 2

Looking for an answer in about 125 or so words please

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Internal control system is referred as the integration of plans, policies activities, effort of employees who are working together in order to provide reasonable assurance to the business that the department will accomplish its mission. Therefore, having an effective internal control will help in promoting economical, effective, efficient and orderly operations. It will also help in producing quality services as well as products consistent…

161 words