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Visit an area of your college that serves the student community with either products or services. Some examples are food services, libraries and bookstores. Identify
Visit an area of your college that serves the student community with either products or services. Some examples are food services, libraries and bookstores. Identify 5 internal controls being implemented or should be implemented based on what you learned in this chapter. Be sure for each control to describe the control itself, which principles of internal control does it follow, limitations of the control, use of technology if applicable, whether it involves control of cash. Just making a list will not receive full credit. You must apply what you learned and discuss what I have outlined above.
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