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what is internal check?
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Answer / shiny
internal check is an important part of internal control. it
deals the finincial and statitical of the company and
safeguard the assets and the improtant things.
it the division of work in such a way that the work of one
is automatically checked by the other as they work
independently and there is lees chance of fraud unless the
employee and altered.
| Is This Answer Correct ? | 17 Yes | 1 No |
Answer / harshal sharma
internal check is just like the continious audit,which is
performed by the employers of the organisaton.internal
check is that system in which one employee check the work
of another employee which helps to avoid frauds and
errors.here in this system on emploee perform the same job
starting to end their duties are change after a particular
time.this internal check system is seen in banks mostly.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kiran
with in the organization checking the accounts before the
the audit
| Is This Answer Correct ? | 0 Yes | 1 No |
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