ACCT 311 Chapter 6: Chapter 6 Summary
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6 Accounting for Cash and Internal Controls
Purpose of Internal Control
Principles of Internal Control
Technology and Internal Control
Limitations of Internal Control
Control of Cash
Cash, Cash Equivalents, and Liquidity
Control of Cash Receipts
Control of Cash Disbursements
Banking Activities as Controls
Basic Bank Services
*Important chapter for midterm, know theory !
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