Question: Determine whether each cash receipts procedure is an internal control strength or weakness. Strength or Weakness 2 Cash receipts 1. The company investigates all customer

 Determine whether each cash receipts procedure is an internal control strength

Determine whether each cash receipts procedure is an internal control strength or weakness. Strength or Weakness 2 Cash receipts 1. The company investigates all customer questions regarding an incorrect account balance. 2. One employee with many years of experience is solely in charge of opening cash receipts received by mail If a sales clerk makes an error in recording a cash sale, they can access the register's electronic 3. record to correct the transaction 4. All sales transactions, even those for less than $1, are recorded on a cash register 5. One of the two employees tasked with opening mail is also the recordkeeper for the business. 6. Two employees are tasked with opening mail that contains cash receipts

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