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2. Determine whether each cash receipts procedure is an internal control strength or weakness. Strength or Weakness 1 points Cash receipts 1 One employee with
2. Determine whether each cash receipts procedure is an internal control strength or weakness. Strength or Weakness 1 points Cash receipts 1 One employee with many years of experience is solely in charge of opening cash receipts received by mail 2. All sales transactions, even those for less than $1. are recorded on a cash register 3. Two employees are tasked with opening mail that contains cash receipts. 4. Cash registers have a permanent, locked-in electronic record of each transaction 5. The clerk who has access to cash in the register cannot access the accounting records to change transaction details 6. A list of cash receipts by mail includes the sender's name, the dollar amount, and an explanation of why the money was sent Book Print o Pferences
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