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Define strong and weak internal controls in organizations

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Reference no: EM13832021

1. How would you describe the key internal controls that should be in place to protect cash in a cash rich environment such as a merchandiser?

2. Using examples of weak internal controls in an organization you are familiar with, how would you improve those controls to better safeguard a company's assets? Would these internal controls differ with a different type of business?

3. What are two examples of strong and weak internal controls in organizations where you have worked or have firsthand knowledge? How are these different?

Reference no: EM13832021

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