Question: Chapter 1 - Case 1 - Leo's Four Plex Student Information This is a warm up case to assist in understanding the types of management
Chapter 1 - Case 1 - Leo's Four Plex
Student Information
This is a warm up case to assist in understanding the types of management and operational controls in a manual accounting system, the meaning of good controls and the implementation of controls and their associated costs.
After reading and reviewing the information presented in the case:
- Identify the controls used at the theatre and their purpose.
- Identify control problems and what may be causing the control problems
- Brainstorm some possible solutions to control problems that have been identified.
- Discuss which controls are weak or incomplete in the theatre?
- What is causing the control problems?
- What control improvements would you suggest for the theatre?
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