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Please list each of the three conditions of fraud and identify one internal control procedure that management can implement to reduce the risk of fraud
Please list each of the three conditions of fraud and identify one internal control procedure that management can implement to reduce the risk of fraud occurrence. Be specific in the type of control that you describe. For instance, state the business cycle (e.g., treasury, inventory, receivables, etc.) and the way in which the control acts to mitigate fraud risk.
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