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Question 4 (1 point) Internal control is a plan of organization and a system of procedures designed to prevent fraud. True False Question 5 (1

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Question 4 (1 point) Internal control is a plan of organization and a system of procedures designed to prevent fraud. True False Question 5 (1 point) The primary way that fraud and unintentional errors in financial statements are prevented is by external auditors. True False Question 6 (1 point) Outside auditors are responsible for establishing and maintaining adequate internal controls for each company they audit. True False

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