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2) Bob is the manager of JHT Company. He has encountered the following internal control situations. A. Bob caught an employee putting some inventory
2) Bob is the manager of JHT Company. He has encountered the following internal control situations. A. Bob caught an employee putting some inventory items in their car. He did not want to create a scene, so he smiled and said, "I don't think you're putting that inventory on the right shelf. Don't they belong inside the store?" The employee put the inventory back into the warehouse. B. The store has one cash register. Prior to Bob joining the store, each employee working on a shift would take a customer order, accept payment, and then prepare the order. Bob made one employee on each shift responsible for taking orders and accepting the customer's payment. Other employees prepare the orders. C. Because only one employee uses the cash register. That employee is responsible for counting the cash at the end of the shift and verifying that the cash in the drawer matches the amount of cash sales recorded by the cash register. Bob expects each cashier to balance the drawer to the penny every time. Instructions: State whether you agree or disagree with Bob's method of handling each situation and explain your answer. (5 points)
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