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Home Repair Corporation (HRC) operates a building maintenance and repair business. The business has three office employees-a sales manages, a matertalsicrew manager, and an accountant.
Home Repair Corporation (HRC) operates a building maintenance and repair business. The business has three office employees-a sales manages, a matertalsicrew manager, and an accountant. HRC's cash payments system is described below: Required: 1. For each statement (a)-(t), identify the internal control principle being applied. 3. After several months. HRC s materialsicrew manager is arrested for having $20,000 of materlals delivered to his home but charged to the company, Identify the internal control weakness that allowed this theft to occut. Complete this question by entering your answers in the tabs below. Home Repair Corporation (HRC) operates a building maintenance and repair business. The business has three office employees-a sales manager, a matenals/crew manager, and an accountant. HRC's cash payments system is described below. Required: 1. For each statement (a)-(7) identify the internai control princtple being appled. 3. After severai months, HRC s materialsicrew manager is arrested for having $20,000 of materlais delivered to his home but charged to the company. Idenufy the internal control weakness that allowed this theft to occur. Complete this question by entering your answers in the tabs below. After several months. HRC's materials/crew manager is arrested for having $20,000 of materials delivered to his home but charged to the company. Identify the internal control weakness that allowed this theft to occur
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