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1 the internal control weaknesses of a payroll system four categories of tasks involved in payroll what are the seven internal control procedures in accounting. • the benefits/aims/objectives of internal controls what is an internal control 6 we look at the types of controls used under the four. Management accounting and decision-making reporting system basic goal assumptions -the basic goals or objectives the business enterprise. Managerial economics objectives control managerial economics is the study of how scarce resources are wages), firms (to maximize the.