Review the opening feature of this chapter that highlights Larry Page and Sergey Brin and their company Google, Inc. Assume that Google is considering opening up retail outlets to sell its portable mobile, gaming, and communication products to consumers.
Required
1. List the seven principles of internal control and explain how a retail outlet might implement each of the principles in its store.
2. Do you believe that a retail outlet will need to add controls to the business as it expands? Explain.