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Question 1 A. Define internal control and explain the THREE (3) objectives. (11 marks) B. Outline FIVE (5) processes of understanding internal control. (10 marks)

Question 1

Define internal control and explain the THREE (3) objectives.

(11 marks)

Outline FIVE (5) processes of understanding internal control.

(10 marks)

C. Discuss ANY THREE (3) components of internal control and its importance in helping

the organisation achieve its objectives.

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