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Imagine that you are the new department manager of a corporation within your chosen field, and you discover that your predecessor had been using the

Imagine that you are the new department manager of a corporation within your chosen field, and you discover that your predecessor had been using the cash basis of accounting. Propose a high-level plan to implement a proper accounting system for your department using specific principles discussed in the course. For example, which financial statements would you investigate first? What sort of internal controls would you implement? A minimum of five to six sentences is required to support your thoughts.

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