(Solution) -ACC 210 Week 2 DQ 3 Updated


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Academic Level: Undergrad. (yrs 3-4)

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Pages: 4 Words: 1025

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ACC 210 Week 2 DQ 3 NEW

Internal controls for every organization are different; however, they may be divided into three major groups: preventive, detective, and corrective. What are two examples of each group, and in what circumstance would they be required? 
Why is it important for a company to have an internal control system? 
What is the difference between a general control and an application control?