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Question 2 Part a) What is meant by ICFR and why was this introduced? What is the significance of ICFR (3 marks) Part b) Is

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Question 2 Part a) What is meant by ICFR and why was this introduced? What is the significance of ICFR (3 marks) Part b) Is ICFR applicable in Pakistan? Which economic sector of the country implements ICFR? (3 marks) Part c) What is difference between Internal Audit & Internal Control? (4 marks)

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