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List and discuss five specific internal controls Ruby should recommend to Barb based on the process described above.
Considered
Thought about or taken into account when making a decision or judgment.
Perfection
In legal terms, the act of completing all required steps to secure a legal right or interest, making it enforceable against third parties.
Legal Process
The procedure of pursuing formal legal action through courts, including all judicial steps from initiation to resolution.
Secured Obligation
A debt or other type of financial obligation that is backed by collateral to reduce the risk of non-payment.
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