Pls note: Number one question is posted last.

Requirement 1. Identify the internal control weakness in the situations presented. State how the person can hurt the company. a. Chen She can When the goods come in, the incoming shipment, SO there is no major security risk and she should be caught by the system there is no outside party to learn of her dishonesty Requirement 1. Identify the internal control weakness in the situations presented. State how the person can hurt the company. a. Chen V. She can When the goods come in, the incoming shipment, so she checks someone else checks Requirement 1. Identify the internal control weakness in the situations presented. State how the person can hurt the company. a. Chen She can When the goods come in, the incoming shipment, : add some items to the purchase order and have them shipped to a location she controls make the payment payable to a fictitious vendor make the payment payable to herself Requirement 1. Identify the internal control weakness in the situations presented. State how the person can hurt the company. a. Chen She can V. When the goods come in, prepares the purchase order and also makes payment for the goods the incoming shipment, so prepares the purchase order and also receives the goods prepares the receiving report and also makes payment for the goods prepares the receiving report and also receives the goods Situations X a. Emily Chen is the purchasing agent for Wilson Industries. Chen prepares purchase orders based on requests from division managers of the company. She faxes the purchase order to suppliers, who then ship the goods to Wilson. Chen receives each incoming shipment and checks it for agreement with the purchase order and the related invoice. She then routes the goods to the respective division managers and sends the receiving report and the invoice to the accounting department for payment. b. Chris Frabotta works as a security guard at PARKFAST parking in St. Louis. Frabotta has a master key to the cash box where customers pay for parking. Each night Frabotta prepares the cash report that shows (a) the number of cars that parked on the lot and (b) the day's cash receipts. Holly Van, the PARKFAST bookkeeper, checks Frabotta's figures by multiplying the number of cars by the parking fee per car. Van then deposits the cash in the bank. Print Done