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What are the policies suggest to minimize human frauds

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Reference no: EM132710908

Problem 1: A company wants to implement good internal control. What are the policies and procedures you can suggest to minimize human frauds and errors?

Problem 2: Assume that you have a company. And the management team estimates that 3% of sales will be uncollectible.  Give any amount of sales and prepare the journal entry using the percent of sales method.

Reference no: EM132710908

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