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Internal control is the system used by an organization to manage risk and diminish the occurrence of fraud. The internal control structure is made up
Internal control is the system used by an organization to manage risk and diminish the occurrence of fraud. The internal control structure is made up of the control environment, the accounting system, and procedures called 'control activities'. Based on the above statement: a) Discuss TWO (2) common features of an internal control system. b) Examine THREE (3) types of risk management strategy
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