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Your friend Wendy plans to open a hair salon. Wendy states that she does not have time to develop and implement a system of internal

Your friend Wendy plans to open a hair salon. Wendy states that she does not have time to develop and implement a system of internal controls. Explain to Wendy the objectives of a system of internal control. Explain to Wendy at least four key controls she must establish to protect herself against fraud. You should state specific internal control procedures and relate your answer to her hair salon business

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