Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Gambino's Pizza operates strictly on a carryout basis. Customers pick up their orders at a counter where a clerk exchanges the pizza for cash. While
Gambino's Pizza operates strictly on a carryout basis. Customers pick up their orders at a counter where a clerk exchanges the pizza for cash. While at the counter, the customer can see other employees making the pizzas and the large ovens in which the pizzas are baked. Match the principles of internal control with the examples of each principle that you might observe when picking up your pizza. Documentation procedures - -12345 Independent internal verification - -12345 Physical controls - -12345 Segregation of duties - -12345 Establishment of responsibility - -12345 1. The counter clerk, in handling the pizza, compares the size of the pizza with the size indicated on the order. 2. The counter clerk is responsible for handling cash. Other employees are responsible for making the pizzas. 3. The counter clerk uses your order invoice (ticket) in registering the sale on the cash register. The cash register produces a tape of all sales. 4. Employees who make the pizzas do not handle cash. 5. A cash register is used to record the sale
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started