ACCOUNTING 470
Yale University
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Assignment 3-2 100% correct standard work A+
- Exam (elaborations) • 2 pages • 2021
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6-1 What are management's incentives for establishing and maintaining strong internal

control? What are the auditor's main concerns with internal control?

Management's incentives for establishing and maintaining strong internal control are that the

information needs to be safeguarded and the information system needs to generate reliable

information for decision making. If the information is unreliable then management may not be

able to make informed decisions on product pricing, cost of ...
Exam (elaborations)
Assignment 3-2 100% correct standard work A+
Last document update:
ago
6-1 What are management's incentives for establishing and maintaining strong internal 
control? What are the auditor's main concerns with internal control? 
Management's incentives for establishing and maintaining strong internal control are that the 
information needs to be safeguarded and the information system needs to generate reliable 
information for decision making. If the information is unreliable then management may not be 
able to make informed decisions on product pricing, cost of ...
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