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Chapter 8 talks not only about the Cash but also about internal controls. Internal controls...

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Accounting

Chapter 8 talks not only about the Cash but also about internal controls. Internal controls are helpful in uncovering not only theft but also honest mistakes or inadequate training. Internal controls are also used to comply with various government regulations.

Question: Explain (in three or four sentences) how one of the principles of Internal Control that was discussed in the chapter can be useful in proper operations of the company.

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