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Limitations of the internal control system

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Reference no: EM13139342

Identify the limitations of the internal control system. Provide at least 3 limitations.

Provide at least 2 examples of internal control procedures, and explain how these procedures can be implemented.

Identify symptoms of a lack of internal control.

Explain the impact of the missing journal entry on the financial statements of the company.

Reference no: EM13139342

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