CONTROL POLICIES AND PROCEDURES Definition

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CONTROL POLICIES AND PROCEDURES are the policies and procedures that help ensure management directives are carried out. Those pertinent to an audit include performance reviews, information processing, physical controls and segregation of duties.

Learn new Accounting Terms

EATING STOCK is when an underwriter can't find buyers for a stock and therefore has to buy them for his own account.

CVP see COST-VOLUME-PROFIT ANALYSIS.

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