Any corporate entity is required to maintain control

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Reference no: EM132133428

Any corporate entity is required to maintain control of all its properties for its owners. The governing board and members of management are individually and collectively responsible for the prudent protection of assets. Asset protection is every associate’s responsibility, and specific protection functions are assigned to various units. Assets are further protected by a combination of an internal audit function and a hired external auditor. Describe the auditing process in HCOs.

Reference no: EM132133428

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