E8-6 Listed below are five procedures followed by Collins Company.

1. Employees are required to take vacations.

2. Any member of the sales department can approve credit sales.

3. Jethro Bodine ships goods to customers, bills customers, and receives payment from customers.

4. Total cash receipts are compared to bank deposits daily by someone who has no other cash responsibilities.

5. Time clocks are used for recording time worked by employees.