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1 of 4 (4 complete) ach of the following stations has an internal control weakness Click the loan to view the station) (Click the icon
1 of 4 (4 complete) ach of the following stations has an internal control weakness Click the loan to view the station) (Click the icon to view the possible problems) (Click the icon to view the possible solutions.) Requirements 1. Identify the missing internal control characteristics in each situation 2. Identify the possible problem caused by each control weakness 2. Propose ascution to each internal control problem More Info Req. 1 Missing internal Control Characteristic d 9. Jade Applications has decided that one way to cut costs in the upcoming year is to fire the external auditor the business believes that the Intemal auditor should be able to eliciendly monitor the company's Internal controls b. In an effort to minimize the amount of paperwork Ross Homes has decided that it will not keep copies of customer ces related to see revenue Ross believes that this effort will minimize the amount of data storage the company will have to pay for c. Elle Bee a trusted employee for many years, has never taken a vacation The owner believes that he's lucky that the so committed to har job d. The Medicine Chest Company Keops amatpety cash fund to handle all cash transactions. Because no one wants to volunteer to be the custodian the business manager has decided that employees should have nocess to the petty cash She figures that as long as gach employee the outpetty cash tiket antece are proper controls in place . Due to the cost of maintaining the security cameras, Wings and Morehas decided that it will remove the cameras that monitor the cash register 1. Bryan Miler manager of Hardware Emporium prides himning exceptionally sed employees who need no training to do the jobs 1. Choose from any drop-down list and then continue 10
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