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Why is important to document the internal controls

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Reference no: EM132463498

Many companies are poor job of documenting their internal control procedures.

Question 1: Why is it so important to document these controls no matter what size of the company?

Question 2: Why is it even more important for businesses like the fast food industry that deal with cash? Please cite an example of an industry that is more prone to internal weaknesses than others.

Reference no: EM132463498

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