5. Troy opened an auto repair business. He doesn't have sufficient funding to hire but one...

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5. Troy opened an auto repair business. He doesn't have sufficient funding to hire but one office worker who will answer phones, receive and deposit customer payments, write checks to pay the bills, and do the books. Meanwhile, Troy will have his hands full doing all the car repairs himself. What suggestions do you have for Troy for internal controls? Write a one-page essay. A similar question to this will be on 5. Troy opened an auto repair business. He doesn't have sufficient funding to hire but one office worker who will answer phones, receive and deposit customer payments, write checks to pay the bills, and do the books. Meanwhile, Troy will have his hands full doing all the car repairs himself. What suggestions do you have for Troy for internal controls? Write a one-page essay. A similar question to this will be on

Answer rating: 100% (QA)

In the instant case Troy cant manage everything alone so he must have good quality of controls in the business so it can run smoothly and perfectly Fraud is more common than you might think and in mos... View the full answer