Miramichi Company has the following internal controls over cash receipts. Identify the control activity that is...
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Miramichi Company has the following internal controls over cash receipts. Identify the control activity that is applicable to each of the following. 1. The company conducts thorough background checks on all cashiers when they are hired. Human resource controls 2. All sales must be entered into the cash register through a scanner and point-of- sale software. Physical and IT contro 3. Surprise cash counts are made by the department supervisors. Physical and IT controls 0 4. The duties of receiving cash, recording cash, and maintaining custody of cash are assigned to different individuals. Segregation of duties 5. At the end of his or her shift, the cashier ensures there are receipts on hand for all debit or credit card sales. Human resource contrus Each cashier uses a different cash register and uses a separate password. Physical and IT contro 8 Miramichi Company has the following internal controls over cash receipts. Identify the control activity that is applicable to each of the following. 1. The company conducts thorough background checks on all cashiers when they are hired. Human resource controls 2. All sales must be entered into the cash register through a scanner and point-of- sale software. Physical and IT contro 3. Surprise cash counts are made by the department supervisors. Physical and IT controls 0 4. The duties of receiving cash, recording cash, and maintaining custody of cash are assigned to different individuals. Segregation of duties 5. At the end of his or her shift, the cashier ensures there are receipts on hand for all debit or credit card sales. Human resource contrus Each cashier uses a different cash register and uses a separate password. Physical and IT contro 8
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