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Answer the following in 5 sentences or less: What is a debit memorandum with reference to a bank statement sent? (2 marks) Explain the difference

Answer the following in 5 sentences or less:

  1. What is a debit memorandum with reference to a bank statement sent? (2 marks)

  1. Explain the difference between Prevention Control and Detective Control of the internal control system. (4 marks)

  1. Explain the difference between accrued revenue and deferred revenue. (4 marks)

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