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Krusty's Convenience is open 7 days a week. The cash receipts from Saturday and Sunday are kept in an envelope in a back storage room
Krusty's Convenience is open 7 days a week. The cash receipts from Saturday and Sunday are kept in an envelope in a back storage room and are deposited each Monday morning. This process violates which internal control activity? segregation of duties safeguarding of assets and records independent checks of performance establishment of responsibility
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