Question: If you could label the steps that would be great! Directions Question #1-Cash Control: Background: Some of Crown Company's cash receipts from customers are received

If you could label the steps that would be great! Directions

Question #1-Cash Control: Background: Some of Crown Company's cash receipts from customers

are received by the company with the regular US mail The company's

recordkeeper opens these letters and deposits the cash received each day Required:

If you could label the steps that would be great!

Directions Question #1-Cash Control: Background: Some of Crown Company's cash receipts from customers are received by the company with the regular US mail The company's recordkeeper opens these letters and deposits the cash received each day Required: Part la. Identify any internal control problem(s) with this arrangement. Explain your answer(s) Part 1b. What changes to Crown's internal control system do you recommend? Explain your answer(s). Question #2-Internal Control Recommendations: What internal control procedures would you recommend in each of the following two situations? Required

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