Edward Thompson, a longtime employee of a small grocery wholesaler, is responsible for maintaining the company's cash
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Required:
1. Explain briefly how Thompson might be able to steal some of the company's cash receipts.
2. What internal control procedures would you recommend to prevent this theft?
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
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