question3 B

Part B 1. Listed below are the cash receipts cases for Halo Berhad i. All cashiers are bonded. ii. The treasurer compares the total cash receipts to the bank deposit daily. iii. The bookkeeper records cash receipts which are held by the treasurer. iv. Only the treasurer holds cash receipts. v. Deposit slips are completed for each deposit. Required: Demonstrate the internal control procedures applicable to each case