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Daisey Company is a very profitable small business. It has not, however given much consideration to internal control.For example, in an attempt to keep clerical
Daisey Company is a very profitable small business. It has not, however given much consideration to internal control.For example, in an attempt to keep clerical and office expenses to a minimum, the company has combined the jobs of cashier and book-keeper. As a result, Bret Turrin handles all cash receipts, keeps the accounting records, and prepares the monthly bank reconciliations.
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