Suppose The Right Rig Dealership is opening a regional office in Omaha. Cary Regal, the office manager, is designing the internal control system. Regal proposes the following procedures for credit checks on new customers, sales on account, cash collections, and write-offs of uncollectible receivables: (Click the icon to view the proposed procedures.) Recall the components of internal control Identify the internal control weakness in this situation, and propose a way to correct it. Recall the components of internal control. Identify the internal control weakness in this situation, and propose a way to correct it. The internal control weakness is that the credit department receives incoming cash from the customers. With access to cash, a credit department employee can pocket cash received from a customer and destroy the remittance slip The credit department can then write-off the customer's account as uncollectible, and the company will stop pursuing collection from the customer Select two places the company can have mail go to strengthen the controls: One employee who deposits and posts the receipts The company mail room The credit department, who then deposits the money To a lock box at the bank