Question: While the objectives of internal controls differ between a company with a manual accounting information system and one with a computerized accounting information system, the

While the objectives of internal controls differ between a company with

While the objectives of internal controls differ between a company with a manual accounting information system and one with a computerized accounting information system, the methods of designing and implementing internal controls are the same. 2. Briefly discuss why the above statement is either correct or incorrect. (5 points) Explain why collusion between employees and management in the commission of a fraud is difficult to both prevent and detect. (5 points) 3

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