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Problem 8. INTERNAL CONTROL Using the flowchart for Problem 8 of a purchases sys-tem, identify six major control weaknesses in the sys-tem. Discuss and classify

Problem 8. INTERNAL CONTROL Using the flowchart for Problem 8 of a purchases sys-tem, identify six major control weaknesses in the sys-tem. Discuss and classify each weakness in accordance with SAS 78/ COSO.

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