ACCOUNTING I Dersi Internal Control and Cash soru detayı:
SORU:
How would you define the concept of cash?
CEVAP:
Cash is the most liquid asset, relatively easy to steal; and also many transac tions have an impact on cash. Even if the amounts may be very small in some types of fraud, the importance of the action will not change. So,the management should design special control mechanisms to protect the business from fraud
involved in cash directly