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internal checksystem
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Answer / guest
Internal Check system is an arrangement of the duties of
members of staff in such a manner that the work performed by
one person is automatically and independently checked by the
other.
In other words, it is a system organised within the concern
itself, wherein the work of one employee is automatically
checked up by the other and the possibility of error or
fraud is reduced to minimum.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / gaurav
it is system by which work of one person is checked by
another person independently.it also reduced the chances of
error and also make control in different hands rather than
putting load to one person.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shiny
internal check is an important part of internal control. it
deals the finincial and statitical of the company and
safeguard the assets and the improtant things.
it the division of work in such a way that the work of one
is automatically checked by the other as they work
independently and there is lees chance of fraud unless the
employee and altered.
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