Identify which control activity is violated in each of the following situations, and explain how the situation
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1. Once a month, the sales department sends sales invoices to the accounting department to be recorded.
2. Greg Mursky orders merchandise for Ross Company; he also receives merchandise and authorizes payment for merchandise.
3. Several clerks at Terando’s Groceries use the same cash register drawer.
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Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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