internal accounting

internal audit**

Case Study Junior Corporation manufactures and sells several different lines of Kids shoes. Its internal audit department completed an audit of its internal control process. The auditors noted the following items: a. An accounts payable clerk recorded invoices received from a company that he and his wife owned and authorized their payment. b. A cashier created false purchase return vouchers to hide his theft of several thousand dollars from his cash register, c. A purchasing agent received a 10% kickback of the invoice amount for all purchases made from a specific vendor. Required: a. Explain how the principle of separation of duties is violated in each of the following situations. (6 points: 2 points for each item) b. Suggest one solution to solve the problem and exposure highlighted on question (a) for each item. (6 points: 2 points for each item) Note: Present your answer in a two-column table with these headings: Problem, Solution