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SomeofCrownCompany'scashreceiptsfromcustomersarereceivedbythecompanywiththe regularmail.Thecompany'srecord keeperopenstheselettersanddepositsthecashreceivedeach day. a Identifyanyinternalcontrolproblem(s)inthisarrangement. a Whatchangestoitsinternalcontrolsystemdoyourecommend?
SomeofCrownCompany'scashreceiptsfromcustomersarereceivedbythecompanywiththe
regularmail.Thecompany'srecord keeperopenstheselettersanddepositsthecashreceivedeach
day.
a
Identifyanyinternalcontrolproblem(s)inthisarrangement.
a
Whatchangestoitsinternalcontrolsystemdoyourecommend?
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