Consider the list of internal controls presented in the narrative. For each one, discuss: a. Whether it

Question:

Consider the list of internal controls presented in the narrative. For each one, discuss:

a. Whether it is primarily preventive / detective / corrective in nature.

b. Which of the four purposes of internal control it is designed to achieve.

Control



Asset tracking



Cash handling



Employee expense reimbursements



Employee manual



Information technology



Payroll processing



Staff meetings



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