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QUESTION
Prior to beginning work on this discussion forum, read Chapters 10 and 11 in the course textbook.
Since financial investments are assets with a high degree of inherent risk, companies must establish effective internal control over their investments. Address the following in your discussion post:
Describe segregation of duties and dual control.
Describe the functions that should be segregated to provide good internal control over cash, the receipt of cash, and financial investments.
Describe two other internal control policies that should be established for financial investments.
List three audit tasks related to the audit of financial investments that may require specialized skill or knowledge.
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