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1 . Prepare a list of internal control principles that would have to be implemented for an IT business located in San Mateo, CA. The

1. Prepare a list of internal control principles that would have to be implemented for an IT business located in San Mateo, CA. The business has been operating for a total of seven years, has 125 employees located in San Mateo, CA and Bangalore, India. The annual revenue for the most recent financial year $760 million.

1B. Discuss the reasons for selecting these policies and procedures.

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