Dogtopia sells pet supplies and food and handles all sales with a cash register. The cash reginter displays the amount of the sale. It also shown the cash received and any change returned to the customer. The register also produces a customer recept but keeps no internal record of the transaction All the and of the day. The clerk counts the cash in the register and gives it to the cashier for deposit in the company bank account
Requirements
1. Identify the internal control weakness over cash recepts
2. What could you do to correct the weakness?
Requirement 1. Identify the internal control weakness over cash receipts.
The following are the weaknesses in internal control. (only complete the necessary answer boxes.)