Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. discussion\#5 - internal controls/cash due this we

Discussion\#5 - Internal Controls/Cash DUE This week; we were discussing cash and internal controls. Please...

60.1K

Verified Solution

Question

Accounting

image
Discussion\#5 - Internal Controls/Cash DUE This week; we were discussing cash and internal controls. Please answer the following in a minimum of a paragraph: Cash recelpts from customers are received by the company with regular mail. The recordikeeper opens these letters and deposits the cash eeceived each day. 1. identify any internal control probiemisin this arrangement. 2. What changes to its internal control system do you recommend? - You must reply to a minimum of one other students post and critique his/her discussion. DONT JUST SAYYOU LIKE IT OR ENJOYED IT. if there is a mistake, state it. if you agree, why? A minimum of two to three COMPLETE sentences are required

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Todd Olson is the owner and operator of Alpha, a motivationalconsulting business. At the...

Accounting
Q

15.9 For a sample of 8 employees, a personnel director has collected the following data on...

Statistics
Q

Microbial death occurs when there is a change in appearance Opermanent loss of reproduction All...

Biology
Q

Which type of neuroglia has phagocytic capabilities in the CNS?astrocytesSchwann cellsmacrophagesmicroglial cellsneurons

Biology
Q

All of the following were injustices perpetrated against Asian immigrants once they reached th mainland...

Biology
Q

1 sketch a graph that shows the proper relationship Case A Gravitational Potential Energy Eg...

Physics
Q

partnership agreement App Store 3:42 PM Mon Apr 25 4...

Accounting
Q

Budgeting Activities MensClothing Company produces mens ties since 1995. In order to reasonably plan and...

Accounting
Q

City Taxi Service purchased a new auto to use as a taxi on January 1,...

Accounting
Q

men Notepoo File Edit Format View Help 1. Apr2, Nels Sigurdsen did some repairs on...

Accounting
Q

False Value Hardware began 2013 with a credit balance of $32,000 in the allowance for...

Accounting
Q

Express the following comparative income statements in common-size percents and assess whether or not this...

Accounting