The bookkeeper of a given company was stealing cash received from customers in payment of their accounts.
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The bookkeeper of a given company was stealing cash received from customers in payment of their accounts. To conceal the theft, the bookkeeper made out false credit memos indicating returns and allowances made by or granted to customers. What feature of internal control would have prevented the thefts?
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Related Book For
Financial Accounting A Business Perspective
ISBN: 9780072289985
7th Edition
Authors: Roger H. Hermanson, James Don Edwards
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