1. Assignment:Internal ControlsWrite a 750- to 1050-word paper in APA format including citations andreferences summarizing your ideas about internal controls. Include the following:oAn introduction to internal controls explaining in your own words the twoprimary goals of internal controloA description of how the Sarbanes-Oxley Actof 2002 has affectedinternal controlsoAn explanation of why a company that announces deficiencies in itsinternal controls would probably experience a fall in the price of its stockoA synopsis of what you consider to be the limitations of internal controls Cite specific examples.oA conclusion that summarizes your main pointsoA comparison of the internal control principles of (1) establishingresponsibility (2) using physical mechanical andelectronic controls (3)segregation of duties and (4) independent internal verification.