a and b

You are expected to do some pre-reading and self study (text books and internet research) before attempt the following questions ( in 2 power point slides) a. Explain the differences between with examples, preventive, detective and corrective controls (slide A) 1 b. For what reasons an entity can tolerate some exposures. (slide A) c. Given: Sales $100. Required: in Slide B illustrate with assumptions what i. journal entries, ii. accounting treatments and iii. documents are involved before reaching PL and/or BS