Question: Q2. Why is it important for companies to implement good intemal controi? What are the principles of internal control? Bxplain your answer. (Marks5) Q3. A

Q2. Why is it important for companies to implement good intemal controi? What are the principles of internal control? Bxplain your answer. (Marks5) Q3. A company wants to use the allowance method to acoount for bed debts. You are assigned to explain to the company the different ways it can use to estimate bad debts

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