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This is consistent with the internal control called ARC. You are to have different people responsible for authorization (A), recording (R), and custody (C). This
This is consistent with the internal control called "ARC." You are to have different people responsible for authorization (A), recording (R), and custody (C). This prevents one person from controlling the whole financial transaction process. Any fraud would need to have collusion among multiple parties. What about in a more general term involving the culture of an entity? What types of regular practices might empower individuals to speak up and not be victims of groupthink
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