work Problem 6-1A Analyzing internal control LO C1 Following are five separate cases involving internal control issues. Required: 1. For each case, Identify the principle(s) of internal control that is violated. Al Tico Company, Julia and Trevor alternate lunch hours Julia is the petty cash custodian but someone needs petty cash when she is at lunch, Trevor fills in a custodian Nori Nozumi posts all patient charges and payments at the Hopeville Medical Clinic Each night on b. back up the computerized accounting system but does not pasword lock her computer Ben Shales prides himself on hiring quality workers who require supervision Asice manager e. Ben gives his employees full discretion over their tasks and for years has soon to perform Independent reviews of the work Marker Theater has a computerized order taking system for is iets. The system is backed up a year Tywin company keeps very poor records of its equipment. Instead, the company ass amployees are honest and would never halfrom the company Prov 1 of 4 1 Next > Search or type URL 3 % 5 6 7 8 E R T Y U 0 n C C mework Saved He Problem 6-1A Analyzing internal control LO C1 Following are five separate cases involving Internal control issues. Required: 1. For each case, identify the principle(s) of internal control that is violated At Tico Company, Julia and Trevor alternate lunch hours. Julia is the petty cash custodian, but if someone needs petty cash when she is at lunch, Trevor file in as custodian Non Nozumi posts all patient charges and payments at the Hopevile Medical Clinic. Each night Non b. backs up the computered accounting system but does not password lock her computer Ben Shales prides himself on hiring quality workers who require il supervision. As office manager, Ben gives his employees full discretion over their tasks and for years has soon no reason to perform Independent reviews of their work Marker Theater has a completed order taking system for its tickets. The system is backed up once year d. Insure assets and bond key employees. Maintain adequate records. Perform regular and independent reviews Separate recordkeeping from custody of assets Tywin company koeps very poor records of its equipment. Instead, the company asserts its employees are honest and would never steal from the company Prev Next > The I'm & I N 3 $ 4 % 5 6 C 9 7 8 8 0 14