the following control procedures are used in mendy lang's boutique

Project Description:

the following control procedures are used in mendy lang's boutique shoppe for cash disbursements.1. the company accountant prepares the bank reconciliation and reports any discrepancies to the owner.2. the store manager personally approves all payments before signing and issuing checks.3. each week, 100 company checks are left in an unmarked envelope on a shelf behind the cash register.4. after payment, bills are filed in a paid invoice folder.5. the company checks are unnumbered.instructions(a) for each procedure, explain the weakness in internal control, and identify the internal control principle that is violated.(b) for each weakness, suggest a change in the procedure that will result in good internal control.
Skills Required:
Project Stats:

Price Type: Negotiable

Expired
Total Proposals: 8
1 Current viewersl
16 Total views
Project posted by:

Proposals

Proposals Reputation Price offered
  • 4.8
    405 Jobs 247 Reviews
    $0 in 0 Day
  • 4.4
    86 Jobs 65 Reviews
    $0 in 0 Day
  • 4.3
    309 Jobs 189 Reviews
    $10 in 0 Day
  • 4.9
    287 Jobs 248 Reviews
    $9 in 0 Day
  • 4.8
    60 Jobs 32 Reviews
    $0 in 0 Day
  • 4.1
    70 Jobs 30 Reviews
    $10 in 0 Day