E$4-8$ Janice Dodds opens the mail for Ajax Plumbing Company. She lists all customer checks on a spreadsheet that includes the name

of the customer and the check amount. The checks, along with the spreadsheet, are then sent to Jim Seymour in the accounting

department, who records the checks and deposits them daily in the company's checking account.

Required:

Describe how the company could improve its internal control procedure for the handling of its cash receipts.