Task 1 JJ Restaurants Topic: Internal Control weaknesses Characters: Smith, Manager of restaurants Franchise Green, Assistant Manager of restaurant Carol, Staff Accountant of Franchise John, cashier There are 20 restaurants that are owned by the Franchise in a widely spread geographic area. Smith is manager of all the locations of the restaurant franchise and Green, distantly related to him, is the Assistant Manager working solely at his location. John is a cashier and collects the cash from customers. At the end of the day, he adds up the cash receipts, reconciles his sales and hands over the cash to Green. Green prepares the bank deposit slip, deposits the cash in the bank, and keeps the bank receipts in the office safe to which he has the only key. Green also prepares the bank reconciliation statements and submits weekly sales reports to Carol. Of late, Green has volunteered quite frequently to speed up the cash collection on crowded days by working John's station at the cash counter. Smith has not objected to this practice. During the past month Green has been seen driving a fancy new MBW to work and seen dining with friends at the town's expensive restaurants. Carol finds from Green's reports that sales have shown no change from previous weeks, even though there appears to be an obvious and significant increase in restaurant customers during the summer season. This puzzles Carol, who suspects this apparent discrepancy is being pocketed by Green. More puzzling, why hasn't Smith also noticed this problem? You are required to analyze fraud using information given in above case study and suggest internal control measures that J Restaurants Franchise should implement to avoid any such fraud in future