Important objectives of a system of internal controls are to safeguard assets and to enhance the accuracy and reliability of the accounting records. Briefly discuss how (1) cost-benefit considerations, (2) the human element, and (3) the size of the business, affect the implementation of a system of internal controls.
b. Dean, here are some reasons why you must develop a system of internal controls:

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The Answer of Important objectives of a system of internal controls are to safeguard assets and to enhance the accuracy and reliability of the accounting records. Briefly discuss how (1) cost-benefit considerations, (2) the human element, and (3) the size of the business, affect the implementation of a system of internal controls.
b. Dean, here are some reasons why you must develop a system of internal controls:

Important Objectives of a System of Internal Controls Are to Safeguard