Effects Of Internal Control System On Revenue Generation: (A Study Of Enugu Electricity Distribution Company (E.E.D.C), Umuahia)
ABSTRACT
A
strong internal control system is very vital for the collection of maximum
revenue by a service providing organization. This study was undertaken to
empirically examine the effect of internal control system on the revenue
generation of Enugu Electricity Distribution Company, umuahia. A close ended
questionnaire was constructed and administered to collect primary data. The
data was analyzed using simple percentage/ cumulative frequency and ordinary
least squares (OLS) and multiple regression analysis. The empirical result
revealed that fraud, embezzlement, under-billing, collusion and computer
manipulation have a negative impact on revenue generation. It was recommended
that Enugu Electricity Distribution Company, Umuahia should overhaul and
strengthen the internal control system, link the new internal control system
closely to the computer billing system and draw up a new policy that forbids
its employees from collecting cash in the field.
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-- (2021). Effects Of Internal Control System On Revenue Generation: (A Study Of Enugu Electricity Distribution Company (E.E.D.C), Umuahia). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/effects-of-internal-control-system-on-revenue-generation-a-study-of-enugu-electricity-distribution-company-eedc-umuahia-7-2
--. "Effects Of Internal Control System On Revenue Generation: (A Study Of Enugu Electricity Distribution Company (E.E.D.C), Umuahia)" Mouau.afribary.org. Mouau.afribary.org, 22 Nov. 2021, https://repository.mouau.edu.ng/work/view/effects-of-internal-control-system-on-revenue-generation-a-study-of-enugu-electricity-distribution-company-eedc-umuahia-7-2. Accessed 01 Nov. 2024.
--. "Effects Of Internal Control System On Revenue Generation: (A Study Of Enugu Electricity Distribution Company (E.E.D.C), Umuahia)". Mouau.afribary.org, Mouau.afribary.org, 22 Nov. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effects-of-internal-control-system-on-revenue-generation-a-study-of-enugu-electricity-distribution-company-eedc-umuahia-7-2 >.
--. "Effects Of Internal Control System On Revenue Generation: (A Study Of Enugu Electricity Distribution Company (E.E.D.C), Umuahia)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/effects-of-internal-control-system-on-revenue-generation-a-study-of-enugu-electricity-distribution-company-eedc-umuahia-7-2