. A good system of internal controls requires that the physical custody of assets be separated from the accounting for those assets. This concept is known as safeguarding assets and records. (Points : 5)
True
False
A good system of internal controls requires that the physical custody of assets be separated from the accounting for those assets. This concept is known as safeguarding assets and records.- This is False.
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Asked 6/6/2014 2:45:57 PM
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