In your past or current employment and personal experiences, there have been countless situations in which cash was received and disbursed.

Instructions

With the class divided into groups, do the following:

Think of a few such situations. Identify the strengths and weaknesses in internal control used for cash receipts and cash disbursements in the situations you have chosen.

Answer rating: 100% (QA)

Situations a When customers pay cash for lighting products the cash is placed in a cash register and ... View the full answer