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AN APPRAISAL OF INTERNAL CONTROL SYSTEM AS A MEAN OF EFFICIENCY AND PROFITABILITY IN THE NIGERIA MONEY DEPOSIT

CHAPTER ONE 1.1   INTRODUCTION In banking, Accounting and auditing internal control is defined as a process effected by an organization structure, work and authority flows, people and management information system designed to help the banking accomplish specific goals or objectives. It is a mean by which organization resources are directed, monitored and measured. It plays an important role in preventing and detecting fraud and protecting the organization’s resources. Internal control-integrated ...

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