Writing Homework Help

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1. Controlling inventory has evolved with the widespread use of technology. Describe one advance in technology that helps reduce theft or errors. What does your company use? Does this replace a physical inventory? Why or why not?

Compare internal control issues between the invoice approval and payment process in a manual office with that of an automated office where all departments are connected to the same AIS. Is an ink pen signature more desirable than a digital approval? Why or why not?

2. How does Electronic Funds Transfer (EFT) become a possible threat? Do we need additional controls?
Prof. Doug

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