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E5-3 Internal controls liberal return policy for the holiday season in order to encourag ceipt, for cash or exchange. If the customer does not have
E5-3 Internal controls liberal return policy for the holiday season in order to encourag ceipt, for cash or exchange. If the customer does not have a Obj 2, 3 Luli's Creations is a retail store specializing in women's clothing. The store has established a e gift purchases. Any item rchased during November and December may be returned through January 31, with a re- receipt, cash will still be refunded item under $100. If the item is more than $100, a check is mailed to the customer Whenever an item is returned, a store clerk completes a return slip, which the customer signs. The return slip is placed in a special box. The store manager visits the return counter approximately once every two hours to authorize the return slips. Clerks are instructed to place the returned merchandise on the proper rack on the selling floor as soon as possible
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