Each member of your team should select one of the five cases described in Problem 8-1A. (Teams with four members will complete only four cases; teams with three members will complete three cases.) (A)

For your selected case, (a) identify the internal control principles that are violated (refer specifically to one or more of the seven principles of internal control discussed on pp. 330-332 of your textbook); and (b) make clear and specific recommendations for how the company can improve its internal control procedures.

(A) Benedict Shales prides himself on hiring quality workers who require little supervision. As office manager, Benedict gives his employees full discretion over their tasks and for years has seen no reason to perform independent reviews of their work.

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Answers Case Internal Control that is Violated 1 Chi han records all incoming customer ca... View the full answer