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Identify the principles of internal control. Explain the use of cash and internal controls to prevent fraud. Explain why corporations invest in stocks and debt

  • Identify the principles of internal control.
  • Explain the use of cash and internal controls to prevent fraud.
  • Explain why corporations invest in stocks and debt securities.
  • Describe how debt and stock investments are reported in financial statements.
  • Evaluate the effects of unusual or irregular items on financial statements.

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