Why is it important for companies to implement good internal control? What are the principles of internal control? Explain your answer.

Q2.Why is it important for companies to implement good internal control? What are the principles of internal control? Explain your answer.
Q3. A company wants to use the allowance method to account for bad debts. You are assigned to explain to the company the different ways it can use to estimate bad debts
4- Write a report on whatever you use to research and what you write in a different document because we will discuss it separately in class

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