1. Introduction
Internal control of inventory is too essential in every company to avoid theft and frauds. Every company needs to segregate their employees in such a way that all the employees must be responsible for safeguarding the assets of the company. This report is based on the case study analyses of Rainbow Illusions. It has thrown light on the processes, risks and internal control of Rainbow Illusions for its revenue cycle. The report to Chief Executive Officer of the company is a detailed analysis of the strengths of the company and the problems avoided by the company. . .
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