Problem:
Support your response from the e-text and/or course articles, do not use only web sites and avoid the unacceptable web sites. Use a specific example from your experience that illustrates the answer and demonstrates your understanding of course concepts. Responses should have both citation and reference.
Internal control has gained increasing importance among management, external auditors, regulators, and others.
Required:
- What fundamental concepts are embodied in the definition of internal control?