Examples of Internal Controls in a sentence
Provide appropriate assistance to participants on an as-needed basis and be available to participants (and host employers) to assist as facilitators, counselors, and information resources.(k) Internal controls.
SECTION IIFINANCIAL STATEMENT FINDINGS AND RESPONSES (CONTINUED) 2020-002 Manual Journal Entry Review and Approval Criteria: Internal controls should be in place that provide reasonable assurance that an individual cannot misappropriate funds without such action being detected during the normal course of business, and that evidence of journal entry review is maintained.
Internal controls are to compliment the work conducted by the Certified Public Accountant and Audit Committee.The company’s assets to be controlled include office equipments, computers, machinery, information,strategic plan, product innovations, company’s policy and customer list, etc.The company has the policy that all staffs should be responsible in maintaining the assets of the company or of the customers with cautiousness and these assets shall be kept in the safe place.
Internal controls and / or business review, to determine the accuracy and efficiency of internal controls in addressing identified risks.
Criteria: Internal controls should be in place at the City to ensure that payments and disbursements made with purchase cards maintain proper documentation and support.