Question: Determine whether each procedure described below is an internal control strength or weakness. 1 . all large payments are made by electronic funds transfer (

Determine whether each procedure described below is an internal control strength or weakness.
1. all large payments are made by electronic funds transfer (EFT)
2. The same employee is in charge of recordkeeping and depositing cash reciepts
3. Cash from the register is deposited each night at the bank

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