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The following are a list of internal control activities: Assignment of responsibility Physical controls Review and reconciliation Segregation of duties Documentation OK Cleaning Service Inc.
The following are a list of internal control activities:
Assignment of responsibility Physical controls Review and reconciliation Segregation of duties Documentation
OK Cleaning Service Inc. provides home cleaning services for a large number of clients who all pay cash. The manager collects the cash and keeps it in the glove department of her car until she has time to count it and deposit it.
Explain the control weakness and provide the control activity required to address this weakness.
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