Explain to wendy objectives of system of internal control

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Your friend, Wendy, plans to open a hair salon. Wendy states that she does not have time to develop and implement a system of internal controls.

a. Explain to Wendy the objectives of a system of internal control.
b. Explain to Wendy at least 4 key controls she must establish to protect herself against fraud. You should state specific internal control principles and relate your answer to her hair salon business

 

Reference no: EM13305596

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