Jonathan Stallman was recently hired as the new director of accounting at SouthSide Charlies Grill. Jonathans first
Question:
1. Cassandra was extremely dedicated to her bookkeeping job and the company, so much so, that she never took vacations.
2. Adam had been employed at SouthSide Charlies Grill for more than 30 years and was the sole employee responsible for reconciling the bank account on a monthly basis.
Instructions
1. Indicate the two weaknesses Jonathan identified.
2. Explain the controls Jonathan could put in place to protect against these weaknesses.
3. Discuss why these steps may not fully correct the weaknesses in the internal control procedures.
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Related Book For
Accounting
ISBN: 978-0176509743
Volume 1, 2nd canadian Edition
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
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