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Below are several scenarios related to control activities of a company Required: For each scenario, determine which control activity is violated Control activities include separation

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Below are several scenarios related to control activities of a company Required: For each scenario, determine which control activity is violated Control activities include separation of du authorization, employee management reconciliations, and performance reviews If no control activity is Control Activ Scenarios 1 A manufacturing company compares total sales in the current year to those in the previous year but does not compare the cost of production 2 So that employees can have easy access to office supplies, a company keeps supplies in unlocked cabinets in multiple locations 3. At the end of each day, a single employee collects all cash received from customers, records the total, and makes the deposit at the bank 4 At the end of the year only, the company compares its cash records to the banks records of cash deposited and withdrawn during the year A 5 company encourages employees to call an anonymous hotline if they believe other employees are circumventing internal control features 6 All employees have the authority to refund a customer's money

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