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Tyco financial scandal

Discuss how internal control problems may have contributed to the failure of Tyco International. Describe these problems and their cause. What would you have done differently, if you had been in charge (be specific)?

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Discuss how internal control problems may have contributed to the failure of Tyco International. Describe these problems and their cause. What would you have done differently, if you had been in charge (be specific)?

The problems related to internal control are that the management philosophy and operating style affect the control environment. If the reporting lines have so been structured that the fiscal officer reports to the top manager and there are no separation of duties the control environment will ...

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