Investigate the most important internal controls as they relate to accounts payable and vendor payments. Why did you choose the internal controls you chose?

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Paying bills is a very important process for small businesses. However, because small businesses face many challenges that large businesses do not, internal controls can prove to be a struggle.

Investigate the most important internal controls as they relate to accounts payable and vendor payments. Why did you choose the internal controls you chose? What are other controls that you left off the list and why? How many internal controls are you able to choose based on the small business of your choosing?

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