ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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INTERNAL CONTROL SYSTEM Definition

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INTERNAL CONTROL SYSTEM is a formalized system intended to provide reasonable assurance that the objectives of a program as a whole are met, e.g. financial control, quality control or process control.

 

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PERSONNEL is the department that maintains records of each individual's employment.

DELIVERY ORDER is a document from the consignee, shipper, or owner of freight ordering the release of freight to another party.


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