In firms of moderate size or larger, the finance department is typically relieved of the watchdog responsibility of monitoring the efficient use of money by other departments.

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Zybrea Knight · Accepted Answer

Final Answer : False, Explanation :  In firms of moderate size or larger, the finance department is typically responsible for monitoring the efficient use of money by other departments, as part of their internal control responsibilities. They are the watchdog of the organization's financial operations.

In firms of moderate size or larger, the finance department is typically relieved of the "watchdog" responsibility of monitoring the efficient use of money by other departments.

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