Your student club recently volunteered to go door- to- door collecting cash donations on behalf of a

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Your student club recently volunteered to go door- to- door collecting cash donations on behalf of a local charity. The charity’s accountant went berserk when you said you wrote receipts only for donors who asked for one.
Required:
Identify the control principle that you violated and explain how that violation could allow fraud to occur. What controls might be appropriate to use in the future?
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Related Book For  book-img-for-question

Fundamentals Of Financial Accounting

ISBN: 9780073527109

3rd Edition

Authors: Fred Phillips, Robert Libby, Patricia A Libby

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