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Internal Control 22. Separation of Duties in a small business is not a...

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Accounting

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Internal Control 22. Separation of Duties in a small business is not a practical internal control solution due to the small number of employees 23. Identify two prevention techniques that a small business owner might employ to prevent fraud 24. What is the number one way that fraud is detected? 25. The company accountant should open and reconcile the monthly bank statement before anyone else can gain access to the data in order to prevent fraud

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