Monday
April 21, 2014

Homework Help: accounting

Posted by carmen on Sunday, December 19, 2010 at 9:18pm.

Please help me. acc225 Internal control
recommendations
•Complete Exercise 8-1
What internal control procedures would you recommend in each of the following situations?
1. A concession company has one employee who sells T-shirts and sunglasses at the beach. Each
day, the employee is given enough shirts and sunglasses to last through the day and enough cash
to make change. The money is kept in a box at the stand.
2. An antique store has one employee who is given cash and sent to garage sales each weekend. The
employee pays cash for this merchandise that the antique store resells.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

acc 225 - Please help me.Internal control recommendations What internal control ...
Accounting - Identify internal control principles. (SO 2), C The internal ...
Finance - Imagine the CFO of a company has asked you, the auditor, to review the...
business - Listed below are five procedures followed by The Beat Company. ...
Social Psychology - Could some one please help me with this assignment. I am ...
Brenau University - To: From: Date: Subject: Observation Methodology: A. ...
accounting - Three objectives of a company's internal control system should be ...
acc250 - Please post your response to the following: Chapter 5 discusses ...
AIS - Regarding COBIT, which of the following statements is true? a) COBIT means...
accounting - Cash Management Matrix For each principle in the matrix,describe ...

Search
Members