Discuss the risks depicted by the fixed asset system flowchart for Problem 10. Describe the internal control
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Vendor User Department Cash Disbursements General Ledger Invoico Journal Vouchar Ordar PO Raport Assot Summary Cash Disb Maka Paymant and Disposal Report Ordar Updata Journal Chack Copy Chock GL Gonara Ledgor Raoaiving Roport Chock Mairtaina Anet Sub Lodgor Usaga Asoiat Disposal Roport
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Risks User prepares purchase order for assets without independent approval ...View the full answer
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