What is internal control why should a company establish an, Finance Basics

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What is internal control why should a company establish an

Question: 1. Define occupational fraud. Describe two common means of occupational fraud.

2. What is internal control? Why should a company establish an internal control system?

3. "Managers are stewards of the company's assets." Discuss what this means.

4. Why are some managers motivated to manipulate amounts reported in the financial statements?

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Finance Basics: What is internal control why should a company establish an

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