Exercise 2 - Internal Control & Governance A food distribution company with 150 employees was experiencing financial problems. The board engaged a local auditor to review the books. The auditor discovered that the company's two cofounders had accumulated over $150,000 in credit card debt on their business credit cards. Further investigation determined that the majority of the credit card charges were for personal expenses rather than business-related ones. Before a solution could be implemented, the company was forced to file for bankruptcy. All employees, except the minimum number required to operate the business, immediately lost their jobs. Required How could this fraud have been prevented? List four (4) internal control measures that should have been implemented to prevent this fraud.