We received a comment from one of the auditors regarding our controls over cash. The accounting clerk receives the cash, records the cash receipts in the general ledger, and makes the bank deposits. The auditors recommend we make updates to our policy. What changes should we make to improve our controls over cash receipts ? Warm regards, Robert Thompson Director of Accounting Blue Mountain Soda Factory We do not need to make any changes are policies are fine We do not need to make any changes because our accounting clerk will feel like we do not trust her We should make changes to our policy. The same person that receives the cash should not post to the ledger and make the deposit We should make changes to our policy. The clerk should receive the cash and make the deposit. She should then give the deposit slip to someone else in accounting to post to the general ledger We are looking for a contractor to oversee an expansion for our soda factory. We need someone who is experienced in our business, provides high-quality work. We would like a high-quality, experienced professional to oversee the project and any subcontractors. How do you recommend we proceed with selecting a contractor? Sincerely Steve Winston CEO Blue Mountain Soda Factory Refer them to a family friend that has a construction company The company should solicit bids from several contractors with previous experience building a brewery The company should google construction companies in the area and select the one with immediate availability The company should go to the local contractor school and find a recent graduate to oversee the project