Answered

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An internal control system is used to do which of the following:

a. Protect assets
b. Prevent all losses
c. Ensure reliable accounting
d. Control the entire operation

Sagot :

ayokenny2001

Answer:

a. Protect assets

b. Ensure reliable accounting

Explanation:

One of the major purpose of internal control is the safeguarding of an organization's assets. This means that any institutions or organization that has what is called internal control system, such must ensure the safe keeping and protection of the company's assets from theft, obsolesce, wear and tear etc.

Also, a strong internal control system create a process whereby, the accounting system an organization becomes reliable. This means that where an internal control is well carried out, such implies that the accounting system of such organization could be relied upon.

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