The main difference between internal control and internal check is, internal control is a procedure or method which is implemented by the management to control the business activities whereas internal check is a process in which one person checks the work accuracy of another person. Means internal control is done to make a limitation in …
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First of all, we need to understand the term company. The company is a group of different people who get together from different regions, different identities, for work together for their benefits is called the company. All the companies previously work under the act of 1956 and after the changes, adaptation, different revolutions now all …
Several payments are made in the company in one day, and cash cannot be used constantly. In order to reduce the danger of bringing cash for payment by products and services companies, negotiable instruments are more appropriate. A negotiable instrument is a document that guarantees the payment, on-demand or at certain times, of a particular …
