1. Bill Smith is a trusted employee working in a branch of BCC Technical Inc. a computer services company. She has various responsibilities which include:
   1. Selecting and maintaining vendors who provide services and products to the company
   2. Preparing the monthly bank reconciliations for supervisory review
   3. Write checks for company expenditures. To promote efficiency if the expenditure is less than $1,500 it does not require the approval of a supervisor.
   4. Works with another employee to maintain the inventory of office supplies.

Required

Briefly discuss some internal control issues identify any weakness (exposures) and strengths surrounding the role of Bill Smith. Use appropriate terminology from our class discussions and readings that would applicable to the discussion of internal controls.