Internal Controls Ramon's Clothing is a retail store speciizing in women's clothing. The store has established a liberal reburn policy for the holiday season in ander te ecure gift purchases. Any itu purchased during November and December may be returned through laruary 1, with a nice for cash or with customer does not have a recept, cash will still be refunded for item under $75. If there is more than $75, a check maled to the customer Whenever mit returned, a store del completes a return ship, which the customer signs. The return ship is placed in a special box. The store manager Visits the retum counterproximately once every two hours to authorge the return ips. Cerks are instructed to rate the returned merchandise on the proper rock on the selling floor as soon as possible. This year, returns at Ramona's Clothing have reached an all-time high. There are a large number of returns under $75 thout receipts a. How can sales clerksemployed amon's Clothing is the wore's return policy to st a y from the cash register b. Whaternal Control weaknesses do you see in the return policy that makes the ser? c. Would w ing a store credit in place of a cash refund for al merchandise returned without a recipe reduce the possibilty of theft? of cash Classity the following as the data oradantages of sung a stare credit p e A de cour se a photo credit rather than ang money from the cash regte The wore would love less revenue customers had to choose other store merchandise instead of getting cash rund Issuing only a store credit for returns without a receits a stricter return policy that may affect gift-givars purchase decisions the point and w e store credit they will need to be trained to handle theredemption of the store Sales he will need to be to credit future merchandise purchases Next > Check My Work mors Check My Work i ng