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Fashionation, a clothing store, has a return policy that allows for purchases to be returned for cash or exchange. If the customer does not have

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Fashionation, a clothing store, has a return policy that allows for purchases to be returned for cash or exchange. If the customer does not have a receipt, cash will still be refunded for any item under $100. If the item is more than $100, a check is mailed to the customer. During the last week of December, the store is busy processing returns for customers who are bringing back Christmas gifts. When 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 once every 2 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. It was discovered that a clerk submitted fake slips in amounts less than $100 and pocketed over $2,000 before she quit in the beginning of January Required: 1) Think of the acronym CRIME, which stands for the components of internal control a) Name two of these components of internal control AND explain what each one is b) Tell how these components are weak in the above scenario

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