Dogtopia sells pet supplies and pet food items.All sales are rung up on thecash register by the
Question:
Dogtopia sells pet supplies and pet food items.All sales are rung up on thecash register by the cashier.The cash register does not displays the amount of the sales to the customer and it does not record any change returned to the customer.At the end of the day, the cashier counts the cash in the register and gives it to the supervisor for deposit in the companies bank account. The supervisor does not compare the cash with the daily sales tape generated by the cash register. Discuss the internal controls of Dogtopia.How would you change the internal Controls and why?
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood