Two features of internal control are presented in the following sections.Each is followed by a list of four irregularities that occurred in processing data.Identify the one irregularity from each list that would be discovered or prevented by the feature of internal control described.
Definitions:
Head-to-head Positioning
A marketing strategy where a company directly competes with another by targeting the same customer base with similar products.
Trading Down
Reducing a product’s number of features, quality, or price.
Repositioning a Product
The process of changing the market's perception of a product by altering its marketing strategy, including its image, value, or target audience.
Downsizing
The process of reducing a company's workforce or the scale of its operations to cut costs and improve efficiency, often leading to layoffs.
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