(a) Using the definition provided by the Turnbull Report in 1999 explain what an internal control system is. You should identify what a control system encompasses and what it is designed to achieve.

(b) What are the six accounting objectives of an internal control system?

(c) Identify an example of a specific objective that an organisation might have for each of the six answers you have provided in (b). You may choose examples from any of the business cycles that you have studied.