Question: Determine whether each cash receipts procedure is an internal control strength or weakness Determine whether each cash receipts procedure is an internal control strength or

Determine whether each cash receipts procedure is an internal control strength or

Determine whether each cash receipts procedure is an internal control strength or weakness

Determine whether each cash receipts procedure is an internal control strength or weakness. 1. 2. 3. 4. 5. 6. Cash receipts One employee with many years of experience is solely in charge of opening cash receipts received by mail. All sales transactions, even those for less than $1 , are recorded on a cash register. Two employees are tasked with opening mail that contains cash receipts. Cash registers have a permanent, locked-in electronic record of each transaction. The clerk who has access to cash in the register cannot access the accounting records to change transaction details. A list of cash receipts by mail includes the sender's name, the dollar amount, and an explanation of wh the mone was sent. Strength or Weakness

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