please do not give short answers. The goal of this assignment is to identify and implement the proper internal controls on the following scenario .

Tim just recently opened a pet store . He sells pet food , toys , and everything else a pet owner needs to keep their pets happy . He hired a bunch of employees to help him run his shop . As of today he only collects cash from his customers . During business hours he keeps most of the cash in the front desk drawer . After he closes , he counts the money puts in an envelope keeps the money at his desk drawer in the back office . He keeps the back office locked unless he sends one of his employees in the back office to get supplies or cash when they run out at the front desk . At the end of the month Tim deposits the money in the bank .

1.What kinds of internal controls should Tim implement to protect the cash at his pet shop ? Explain how each internal controls would protect cash .

2.Why is so important for Tim or any company to implement internal controls ?