Why do we need to identify internal control weaknesses? Using internal controls prevent errors and misstatements. The following misstatements occurred in the records of MC CompanyFor each misstatement , suggest a control to prevent it from happening .

1. A bill from the supplier was paid for goods that had not been ordered.

2. A supplier's bill for 50 boxes of materials was paid even though only 40 boxes were received.

3. Expensive product components were stolen by an employee from a loading dock area after hours .

4. No bill was sent to a customer for a shipment because the shipping document was lost after the shipment was made.

Why do we need to identify internal control weaknesses? Using internal controls prevent errors and misstatements. The following misstatements occurred in the records of MC Company. For each misstatement, suggest a control to prevent it from happening. 1. A bill from the supplier was paid for goods that had not been ordered. 2. A supplier's bill for 50 boxes of materials was paid even though only 40 boxes were received. 3. Expensive product components were stolen by an employee from a loading dock area after hours. 4. No bill was sent to a customer for a shipment because the shipping document was lost after the shipment was made