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Additional Brief Exercise 168 Identify the principle of internal control to each of the following cases. CALCULATO 1. Cash is locked in a safe overnight.
Additional Brief Exercise 168 Identify the principle of internal control to each of the following cases. CALCULATO 1. Cash is locked in a safe overnight. 2. Employees who receive shipments of goods do not have access to the accounting records for merchandise 3. Shipping documents are pre-numbered. Segregation of Duties Physical Controls Human Resource Controls Independent Internal Verification Establishment of Responsibility Documentation Procedures 4. The bookkeeper does not have physical custody of assets. 5. Only the treasurer of the company can sign checks. Click if you would like to Show Work for this question: Open Show Work
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