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ale six procedures wat are Tonowed by umerent companies 1. Forde Company decided to bond all employees who handle cash. 2. As a time-saving measure,
ale six procedures wat are Tonowed by umerent companies 1. Forde Company decided to bond all employees who handle cash. 2. As a time-saving measure, every clerk in the Registrar's Office was g 3. Buddy Department Store elected to forego television monitors and ga 4. Sara Lee orders merchandise for Pillsbury Company and Dough Boy 5. Peace Company does not prepare a bank reconciliation as they believe 6. Hunter Company completes deposit slips for each deposit Instructions Indicate whether each procedure is an example of good intemal control or of a indicate which internal control principle is being followed. If it is an example of the following code: IV = Independent Internal Verification DP = Documentatio Controls, and SOD = Segregation of Duties, Example, if you think procedure #1 is a good example of documentation proce Procedure 10 Good or Weak? Related Internal Control Principle Example Good 2 ale six procedures wat are Tonowed by umerent companies 1. Forde Company decided to bond all employees who handle cash. 2. As a time-saving measure, every clerk in the Registrar's Office was g 3. Buddy Department Store elected to forego television monitors and ga 4. Sara Lee orders merchandise for Pillsbury Company and Dough Boy 5. Peace Company does not prepare a bank reconciliation as they believe 6. Hunter Company completes deposit slips for each deposit Instructions Indicate whether each procedure is an example of good intemal control or of a indicate which internal control principle is being followed. If it is an example of the following code: IV = Independent Internal Verification DP = Documentatio Controls, and SOD = Segregation of Duties, Example, if you think procedure #1 is a good example of documentation proce Procedure 10 Good or Weak? Related Internal Control Principle Example Good 2
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