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qestions 1-7 Problem 6 The Sunrise Corporation has an internal audit department that periodically sends a team of two auditors to visit its individual hotels

qestions 1-7

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Problem 6 The Sunrise Corporation has an internal audit department that periodically sends a team of two auditors to visit its individual hotels to check the internal controls of the hotels and assist with implementing desirable changes in procedures to improve control. It also has the firm of Green and White conduct its annual external audit. For each activity, indicate which group of auditors (internal or external) will most likely take action. 1. Evaluates the efficiency of Hotel Alpha's maintenance department. 2 Conducts the examination of the financial statements of the Sunrise Corporation payroll checking account. 3. Prepares the bank reconciliation for Sunrise Corporation's payroll checking account. 4. Confirms the cash balance of Sunrise Corporation's general cash account with First National Bank. 5. Engages "shoppers" to evaluate the performance of Hotel Alpha's bartenders. 6. Observes the physical inventory of food and beverages at Sunrise Corporation's inventory warehouse in connection with the year-end financial audit. 7. Conducts an examination to determine deficiencies in controls resulting in a loss of $1,000 at Hotel Beta

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