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Chapter 4 - ACC210 Spring 2011 Internal Controls and Cash...

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ACC210 Spring 2011 “Internal Controls and Cash” Chapter 4 Christopher T. McKittrick CPA, MBA, CFE
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Chapter 4 Objectives IC and Cash Explain the need to establish an ethical business environment Describe and apply stakeholder analysis to evaluate an ethical dilemma Discuss the role of internal controls in managing a business Discuss the five elements of internal control Describe how businesses control cash Describe how businesses account and report cash Describe the cyclical nature of business activity Explain the principles of cash management
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