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what is the purpose of the each of the following principles of interval control. 1. Establish responsibilities. 2. Maintain adequate records. 3. Insure assets and

what is the purpose of the each of the following principles of interval control. image text in transcribed
1. Establish responsibilities. 2. Maintain adequate records. 3. Insure assets and bond key employees. 4. Separate recordkeeping from custody of assets. 5. Divide responsibility for related transactions. 6. Apply technological controls. 7. Perform regular and independent reviews

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