The procedures used for over-the-counter receipts are as follows: At the close of each days business, the salesclerks count the cash in their respective cash drawers, after which they determine the amount recorded by the cash register and prepare the memo cash form, noting any discrepancies. An employee from the cashiers office counts the cash, compares the total with the memo, and takes the cash to the cashiers office.

a. Identify the weak link in internal control.

An employee from the cashier's office takes the cash to the cashier's office.The salesclerks should not have access to the cash register tapes.An employee from the treasurer's office takes the cash to the cashier's office.The salesclerks should have access to the cash register tapes.An employee from the cashier's office counts the cash and compares the total with the memorandum.

b. Who should remove the cash register tapes from the register?

The company presidentAn employee from the cashier's officeA teller from the bankThe accounts payable clerkThe salesclerk