moodle+ UNE BUSINESS SCHOOL R2 7 er Resources ing of ng ms: Special ry Ledgers ms the paring Question 13 SUPPORT Q As an internal auditor you have identified 5 areas of concem. You need to prepare a report for management which addresses the Internal Control characteristic each situation contravenes (5 mark each) Quiz m SECTION 1000 The how each situation could be taken advantage of and/or impact the business (5 mark each suggest a procedure to rectify the flaw in each process (1 mark each) 1. The person issuing pre-numbered receipts to clients also prepares the bank deposit 2. The office junior fills in for the Assistant Accountant despite having no accounting experience Petty cash is kept in the stationery cupboard so it is easily accessible 3. 4. A cashier allows another employee work his assigned register while he helps a customer S. Purchase orders are not pre-numbered SECTION SECTION SECTION Emsha Tane