University of Phoenix Wk 4 Risk and Internal Control Plan Discussion

I’m working on a accounting discussion question and need a sample draft to help me study.

This week focuses on risk and internal controls for purchases, payroll, and fixed assets.

Reflecting on the product or service of your current or past employer, discuss how would you mitigate risk for purchases, payroll, and fixed assets? Describe a possible internal control plan for purchases and fixed assets. Do not disclose the name of the organization.