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What is the purpose of internal control?

CONTROL Internal purpose
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What is the purpose of internal control?

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As noted above, the primary purpose is to help us achieve our objectives. Typically internal controls are noted for having four primary purposes: • (1) to protect the University’s assets, • (2) to ensure records are accurate, • (3) to promote operational efficiency, and • (4) to encourage adherence to policies and procedures.

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