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QS 6-6 (Algo) Control of Cash LO C2 Determine whether each procedure described below is an internal control strength or weakness. Weakness or Strength 1
QS 6-6 (Algo) Control of Cash LO C2 Determine whether each procedure described below is an internal control strength or weakness. Weakness or Strength 1 Internal Control Principle Cash from the register is desposited each night at the bank. Large amounts of cash are kept in a desk drawer to pay liabilities over $1,000. Cash receipts of large amounts are kept in an office drawer and deposited every 6 months. 2. 3. Weakness Strength
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