Question: What is Internal Control and what does it seek to accomplish? Give three examples of different controls. If you owned a company (or if you

What is Internal Control and what does it seek to accomplish? Give three examples of different controls. If you owned a company (or if you do currently), what controls would you put in place to protect your business against theft (by employees)?

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Internal control refers to the processes rules and procedures implemented by an organization to ensure the integrity of financial and accounting information promote accountability and prevent fraud In... View full answer

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