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The treasurer counts the cash in the presence of the clerk and places it in a safe. Eacl Friday afternoon, the treasurer and one of

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The treasurer counts the cash in the presence of the clerk and places it in a safe. Eacl Friday afternoon, the treasurer and one of the clerks deliver all cash held in the safe t( the bank and receive a bank deposit slip that provides the basis for the weekly entry it the accounting records. The HKAS board of directors has identified a need to improve its internal control: over cash admission fees. The board has determined that the cost of installing turnstiles, sales booths, or otherwise altering the physical layout of the museum wil greatly exceed any benefits. However, the board has agreed that the sale of admissi01 tickets just be an integral part of its improvement efforts. Peter has been asked by the board of directors of the HKAS to review the interna control over cash admission fees and provide suggestions for improvements. Required: Indicate weaknesses in the existing internal controls over cash admission fees tha Peter should identify, and recommend one improvement for each of the weaknesse: identified. Organize the answer as indicate in the following way: Weakness Recommendation 1. XXXXXXXXXXXXXXX 1. XXXXXXXXXXXXXXXXX

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