question archive Chapter 5 in the text book discusses internal controls systems discusses more sophisticated controls that you would find in larger Companies

Chapter 5 in the text book discusses internal controls systems discusses more sophisticated controls that you would find in larger Companies

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Chapter 5 in the text book discusses internal controls systems discusses more sophisticated controls that you would find in larger Companies.  The supplemental reading for this article discusses how smaller organizations with less than 100 employees are more susceptible to fraud due to a lack of formal controls.  In no more than 3 pages, summarize why the key differences in control environments in larger versus smaller organizations exist and a few of the simple controls that small organizations can implement to mitigate those risks.

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