Discuss the components of an effective internal control framework

Discuss the components of an effective internal control framework and how they would apply to key business processes in a global company.A typical answer should have about 500 words, but it is the quality of the answer that matters, not the number of words. Excellent answers will be able to raise appropriate critical questions and good examples from real world. Do include all your references, as per the Harvard Referencing System, but do not include the question itself.

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