How important do you think internal verification isalso how, Ask an Expert

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How important do you think internal verification is?Also, how effective do you think the "2-man rule" is especially when dealing with banks? We see it everyday across the country where banks are constantly robbed. Since taking this class, it does make me wonder what type of controls do the smaller banks have in place. Do you think that smaller banks are limited in the amount of control in reference to cash? They would have a smaller number of employees of course, but do you think that they have the same controls in place that the larger banks do?

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Accounting Basics, Accounting

Category:- Accounting Basics
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