Respond to the following in a minimum of 175 words: List the 7 broad principles of internal control. Why should responsi

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Respond to the following in a minimum of 175 words: List the 7 broad principles of internal control. Why should responsi

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Respond to the following in a minimum of 175 words:
List the 7 broad principles of internal control. Why should
responsibility for related transactions be divided among different
departments or individuals? Why should the person who keeps the
records of an asset not be the person responsible for its custody?
What are the limitations of internal control?
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