At a dental office, the receptionist schedules appointments and can cancel them. She also collects payment from

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At a dental office, the receptionist schedules appointments and can cancel them. She also collects payment from patients (about 10% of them pay cash) and maintains all of the accounting records for the practice. Comment on whether these arrangements can result in a limitation of internal control and give rise to fraud.

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Related Book For  answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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