The following situations describe two cash payment situations and two cash receipt situations. In each pair, one set of internal controls is better than the other. Click the icon to view the situations.) Requirement 1. Evaluate the internal controls in each situation as strong or weak, and give the reason for your answer Cash receipts: a. Samson Carpet Mil Auto Parts has strong internal controls. There is b. Liberty Dermatology Clinic has weak internal controls. There is Cash payments: a. Scott Construction has strong internal controls. There is b. Remington Home Construction, has weak internal controls. There is Cash receipts: a. Samson Carpet Mill Auto Parts has strong interal controls. There is b. Liberty Dermatology Clinic has weak internal controls. There is a good separation of duties Cash payments: a. Scott Construction has strong internal controls. There is a good system of documenting transactions b. Remington Home Construction, has weak internal controls. There is not a good separation of duties not a good system of documenting transactions Requirement 1. Evaluate the internal controls in each situation as strong or weak, and give the reason for your answer. Cash receipts: a. Samson Carpet Mill Auto Parts has strong internal controls. There is Different people receive cash, record the cash, and deposit the cash The accountant should maintain detailed records of the accounts receivable that are collected The cash collected is properly summarized and recorded by the accountant. The same person receives cash, records the cash, and deposits the cash Cash receipts: a. Samson Carpet Mill Auto Parts has strong internal controls. There is b. Liberty Dermatology Clinic has weak internal controls. There is Cash payments: a. Scott Construction has strong internal controls. There is b. Remington Home Construction, has weak internal controls. There is Supervisors request the equipment and purchase the equipment, with little oversight Supervisors request the equipment and the home office purchases the equipment The home office has no system for filing the purchase order and invoice for the equipment purchase The home office properly maintains the purchase order and invoice for the equipment purchase The following situations describe two cash payment situations and two cash receipt situations. In each pair, one set of internal controls is better than the other. Click the icon to view the situations.) Requirement 1. Evaluate the internal controls in each situation as strong or weak, and give the reason for your answer Cash receipts: a. Samson Carpet Mil Auto Parts has strong internal controls. There is b. Liberty Dermatology Clinic has weak internal controls. There is Cash payments: a. Scott Construction has strong internal controls. There is b. Remington Home Construction, has weak internal controls. There is Cash receipts: a. Samson Carpet Mill Auto Parts has strong interal controls. There is b. Liberty Dermatology Clinic has weak internal controls. There is a good separation of duties Cash payments: a. Scott Construction has strong internal controls. There is a good system of documenting transactions b. Remington Home Construction, has weak internal controls. There is not a good separation of duties not a good system of documenting transactions Requirement 1. Evaluate the internal controls in each situation as strong or weak, and give the reason for your answer. Cash receipts: a. Samson Carpet Mill Auto Parts has strong internal controls. There is Different people receive cash, record the cash, and deposit the cash The accountant should maintain detailed records of the accounts receivable that are collected The cash collected is properly summarized and recorded by the accountant. The same person receives cash, records the cash, and deposits the cash Cash receipts: a. Samson Carpet Mill Auto Parts has strong internal controls. There is b. Liberty Dermatology Clinic has weak internal controls. There is Cash payments: a. Scott Construction has strong internal controls. There is b. Remington Home Construction, has weak internal controls. There is Supervisors request the equipment and purchase the equipment, with little oversight Supervisors request the equipment and the home office purchases the equipment The home office has no system for filing the purchase order and invoice for the equipment purchase The home office properly maintains the purchase order and invoice for the equipment purchase