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Attached is a list of several control weaknesses for the inventory cycle for Topaz Company For each of the internal control weaknesses listed, indicate the
Attached is a list of several control weaknesses for the inventory cycle for Topaz Company For each of the internal control weaknesses listed, indicate the potential effect that the weakness could have on the financial statements. Be specific with your answer. For each internal control weakness listed, identify a specific control procedure that could be used to correct the weakness. REQUIRED: (I) (2)
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