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Question 1. For cach transaction cycle and each type of transaction, there are internal controls that help to minimize the risk to the company. Using

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Question 1. For cach transaction cycle and each type of transaction, there are internal controls that help to minimize the risk to the company. Using the terminology and framework developed in the text. describe the following for the conversion process. Control Category Example of one internal control Category What risk does the control minimize 1. Segregation of a. Separation of duties related to cost a) Invalid inventory duties accounting. transactions. b) Question 2 Recent technological developments have resulted in significant changes in the way that many companies conduct their conversion processes. Describe the benefits and efficiencies that companies may experience when utilizing computerized systems in the conversion process

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