Write a paper discussing internals financing controls. Explain what internals controls are, how they are often implemented, and explain the purpose of internal controls. Be sure to discuss the elements of establishing clear responsibilities, proper documentation, adequate insurance, separation of assets from custody, separation of duties, and use of technology. Do the internal controls change if operating under cash accounting vice accrual accounting? Why, why not?
Write a paper discussing internals financing controls. Explain what internals co
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