The following list presents various internal control strengths or risks that may be found in a company's revenues and cash collection processes:

$\_\_\_\_\_\_\_\_\_$ Credit is authorized by the credit manager.

$\_\_\_\_\_\_\_\_\_$ Checks paid in excess of $$5,000$ require the signatures of two authorized members of management.

$\_\_\_\_\_\_\_\_\_$ A cash receipts journal is prepared by the treasurer's department.

$\_\_\_\_\_\_\_\_\_$ Collections received by check are received by the company receptionist, who has no additional record$$keeping responsibilities.

$\_\_\_\_\_\_\_\_\_$ Collections received by check are immediately forwarded unopened to the accounting department.

$\_\_\_\_\_\_\_\_\_$ A bank reconciliation is prepared on a monthly basis by the treasurer's department.

$\_\_\_\_\_\_\_\_\_$ Security cameras are placed in the shipping dock.

$\_\_\_\_\_\_\_\_\_$ Receiving reports are prepared on preprinted, numbered forms.

$\_\_\_\_\_\_\_\_\_$ The billing department verifies the amounts on sales invoices by referring to the authorized price list.

$\_\_\_\_\_\_\_\_\_$ Entries in the shipping log are reconciled with the sales journal on a monthly basis.

$\_\_\_\_\_\_\_\_\_$ Payments to vendors are made promptly upon receipt of goods or services.

$\_\_\_\_\_\_\_\_\_$ Cash collections are deposited in the bank account on a weekly basis.

$\_\_\_\_\_\_\_\_\_$ Customer returns must be approved by a designated manager before a credit memo is prepared.

$\_\_\_\_\_\_\_\_\_$ Account statements are sent to customers on a monthly basis.

$\_\_\_\_\_\_\_\_\_$ Customer returns are presented to the sales department for preparation of a receiving report.