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When you pay for goods at La Tienda Foods, the cash register displays the amount of the sale, the cash received, and any change

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When you pay for goods at La Tienda Foods, the cash register displays the amount of the sale, the cash received, and any change returned to you. Suppose the register also produces a customer receipt but keeps no record of the sales transactions. At the end of the day, the clerk counts the cash in the cash register and gives it to the cashier for deposit in the company bank account Required Complete the memo to Mia Francesca, the owner. Identify the internal control weakness over cash receipts, and explain how the weakness gives an employee the opportunity to steal cash. State how to prevent such a theft TO: Mia Francesca There is a weakness in internal control over cash receipts from customers. The cash registers cash register, there is no way to determine how much cash should be in the cash drawer. This omission makes it easy for the cashier to and a record of the total cash improve the internal control over cash, the company should use cash registers that lock a record of each koop a record of With no cord of locked in the and not get caught Ta for the day into the machine. The manager can prove the amount of in the drawer against this recorded amount.

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