Question: 1.Defineaninternalcontrolsystemanddescribeitspurpose. Include some of the basic principles of internal control. 2.Explainthedifferencebetweencashandcashequivalents. 3. Whatisavouchersystemandwhatarethetwoareasforwhichitestablishescontrolprocedures?

1.Defineaninternalcontrolsystemanddescribeitspurpose. Include some of the basic principles of internal control.

2.Explainthedifferencebetweencashandcashequivalents.

3.Whatisavouchersystemandwhatarethetwoareasforwhichitestablishescontrolprocedures?

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