Sam and Dan are the owners of the International School for Computer Training (ISCT), a for-profit educational institution that provides computer-related education in several short-term programs.As a first step in developing an internal control plan, they have identified two risks: (a) employees steal supplies for personal use and (b) failure to attract a sufficient number of students.Based on those two risks, prepare a risk-control matrix using the format illustrated in the chapter.

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The Answer of Sam and Dan are the owners of the International School for Computer Training (ISCT), a for-profit educational institution that provides computer-related education in several short-term programs.As a first step in developing an internal control plan, they have identified two risks: (a) employees steal supplies for personal use and (b) failure to attract a sufficient number of students.Based on those two risks, prepare a risk-control matrix using the format illustrated in the chapter.

Sam and Dan Are the Owners of the International School