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The following is a list of 10 control plans.
Required:
Listed below are ten system failures that have control implications. On the blank line to the left of each number, insert the capital letter from the list above of the best control plan to prevent the system failure from occurring. If you can't find a control that will prevent the failure, choose a detective or corrective control plan. A letter should be used only once.
Usury Laws
Regulations that set the maximum interest rate that can be charged on loans.
Interest Rates
The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender for the use of their funds.
Usury Laws
Regulations governing the amount of interest that can be charged on a loan, intended to protect consumers from excessive rates.
Shortage
A situation in which the demand for a product or service exceeds its supply in a market.
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