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they take! num. play 18-24 Cedar Grove Middle School wants to raise money for a new sound system for its audito- Identify inte The primary
they take! num. play 18-24 Cedar Grove Middle School wants to raise money for a new sound system for its audito- Identify inte The primary fundraising event is a dance at which the famous disc jockey Obnoxious Al will nesses over dassic and not-so-classic dance tunes. Roger DeMaster, the music and theatre instructor, has cash disbur (SO 2,3,4) with fundraising. He asks the Student Representative Council (SRC) to help him with the event. been given the responsibility for coordinating the fundraising efforts. This is Roger's first experience Roger had 500 unnumbered tickets printed for the dance. He left the tickets in a box on his desk and told the SRC students to take as many tickets as they thought they could sell for $5 each. In order to ensure that no extra tickets would be floating around, he told them to dispose of any unsold tickets. When the students received payment for the tickets, they were to bring the cash back to Roger. He then put it in a locked box in his desk drawer. Some of the students were responsible for decorating the gymnasium for the dance. Roger gave each of them a key to the money box, He told them that if they took money out to purchase materials , they should put a note in the box saying how much they took and what it was used for. After two weeks, the money box appeared to be getting full, so Roger asked Freda Stevens to count the money, prepare a deposit slip, and deposit the money in a bank account Roger had opened. The day of the dance, Roger wrote a cheque from the account to pay Obnoxious Al. Al said that he accepted only cash and did not give receipts. So Roger took $200 out of the cash box and gave it to Al. At the dance, Roger had Sara Billings working at the entrance to the gymnasium. She collected tickets from students and sold tickets to those who had not prepurchased them. Roger estimated 400 students attended the dance. The following day Roger closed out the bank account, which had $250 in it. He amount plus the $180 in the cash box to Principal Skinner. Principal Skinner seemed surprised that, after generating roughly $2,000 in sales, the dance netted only $430 in cash. Roger did not know how to respond Instructions Identify as many internal control weaknesses as you can in this scenario. Suggest how each could be addressed. Jour intoine netty cash fund for small expenditures. The following trans- fund gave that DO
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