The mailroom employees send all remittances and remittance advices to the cashier. The cashier deposits the cash
Question:
a. Indicate the weak link in internal control in the handling of cash receipts.
b. How can the weakness be corrected? Discuss.
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a The remittance advices should not send to the cashier The ...View the full answer
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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