Internal Controls Simulation
The Simulation consists of ten (10) Excel worksheets with each simulation worth 87.5 points. All questions are algorithmic, randomly selected, and scrambled, which limits the student’s ability to use unapproved tools to seek out the answers.You will have two (2) attempts to access the Simulation.
The Simulation serves as the tool to measure whether you master the learning objectives of the module. The Simulation covers the following chapter topics:
- Fraud and Internal Control
- Control of Cash
- Banking Activities as Controls
- Valuing Accounts Receivable
- Direct Write-off Method
- Allowance Method
- Estimating Bad Debts
- Notes Receivable
