The bartender at a restaurant performs a monthly inventory count for the wine, beer, and other liquor
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The bartender at a restaurant performs a monthly inventory count for the wine, beer, and other liquor and will update the accounting records for any differences between the inventory records and the physical inventory count. Identify the weaknesses, implications, and recommendations (W.I.R).
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Weakness 1 Lack of separation of duties There is a lack of separation of duties as the bartender ...View the full answer
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Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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