Question: Determine whether each procedure described below is an internal control strength or weakness. Weakness or Strength Internal Control Principle 1. Large amounts of cash

Determine whether each procedure described below is an internal control strength or

Determine whether each procedure described below is an internal control strength or weakness. Weakness or Strength Internal Control Principle 1. Large amounts of cash are kept in a desk drawer to pay liabilities over $1,000. 2. The recordkeeper is in charge of signing checks and handling cash. 3. Employees handling cash do not have access to accounting records.

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