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For each situation provided, please indicate what general internal control approach is being used:Only cashiers...

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Accounting

For each situation provided, please indicate what general internal control approach is being used:Only cashiers are authorized to sell tickets. Only the manager and cashier can handle cash. Only the manager has access to unlocked rolls of tickets.Answer 1Establishment of ResponsibilitiesA safe is used for the storage of cash and a machine is used to issue tickets.Answer 2Choose...The duties of receiving cash and admitting customers are assigned to the cashier and to the usher. The manager maintains custody of the cash, and the company accountant records the cash.Answer 3Choose...Tickets are pre-numbered. Answer 4Choose...Cashiers are bonded.

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