ACCT110 - Accounting Principles I Cash Control Operations Assignment This Assignment is worth 10% of your grade. Deadline Due by the end of Week 6 at 11:59 pm, ET. Outcomes Completing this Assessment will help you to meet the following: Course Outcomes Solve a variety of payroll functions, including deductions, register, and earning records using Microsoft Excel. report financial information for a service business using computerization. Quantitative and Scientific Reasoning - Follow established methods of inquiry and Interpret and apply Generally Accepted Accounting Principles (GAAP) to analyze, record, and Institutional Outcomes . mathematical reasoning to form conclusions and make decisions. Directions Question #1-Cash Control: Background: Some of Crown Company's cash receipts from customers are received by the company with the regular US mail. The company's recordkeeper opens these letters and deposits the cash received each day. Required: Part 1a. Identify any internal control problem(s) with this arrangement. Explain your answer(s) Part 1b. What changes to Crown's internal control system do you recommend? Explain your answer(s). Question #2-Internal Control Recommendations: What internal control procedures would you recommend in each of the following two situations? Required