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(c) Lucas has been working with Megah Holding for 8 years. He is in charged for all aspects of sales and accounting related matters. For
(c) Lucas has been working with Megah Holding for 8 years. He is in charged for all aspects of sales and accounting related matters. For the year ended 2020, the auditor uncovered embezzlement of RM600,000 done by Lucas over 8 years of his employment by not recording billing in the sales journal and subsequently diverting the cash receipts to his own bank account.
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Briefly explain TWO (2) suggestion on how to improve the internal control over sales and cash receipts of Megah Holding.
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