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1. An effective system of internal control requires segregation of basic functions. Which three of the following functions should ideally be segregated? Explain details A.

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1. An effective system of internal control requires segregation of basic functions. Which three of the following functions should ideally be segregated? Explain details A. Authorisation of orders B. Recording cash receipts on receivables ledger C. Invoicing D. Credit control E. Reconciliation of receivables ledger with receivables ledger control account

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