What Are Some of the Problems in Establishing an Internal

Essay

What are some of the problems in establishing an internal control system in small business?
A.Separation of functional responsibilities would be difficult because of the small number of employees.
B.The owner manager has to assume a greater role to oversee and supervise authorization,recordkeeping,and custodial functions.
C.The owner manager must be diligent,competent,and have a high degree of integrity.