Explain to wendy at least key controls she must establish

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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: EM13133477

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