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Why is doing timely reconciliations a key part of internal control activities? It ensures that
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Why is doing timely reconciliations a key part of internal control activities?
It ensures that

User Santibernaldo
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Answer:

It ensures that the Effective internal control reduces the risk of asset loss, and helps ensure that plan information is complete and accurate, financial statements are reliable, and the plan's operations are conducted in accordance with the provisions of applicable laws and regulations. ... Why internal control is important to your plan.

User Shamarie
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21 votes

Answer: It is much easier to correct mistakes if they are caught early.

Step-by-step explanation:

Believe me do not listen to the other person who answered this

User Keerthi
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