Just give me the answer/ result. No need to explain or details about it. Thank you very much.

Krusty's Convenience is open 7 days a week. The cash receipts from Saturday and Sunday are kept in an envelope in a backstorage room and are deposited each Monday morning This process violates which internal control activity? O establishment of responsibility O independent checks of performance Osafeguarding of assets and records O segregation of duties Internal control helps an organization achieve all of the following except O reliable financial reporting O absolute assurance that fraud will not occur. effective and efficient operations. O compliance with relevant laws and regulations. Assuming the company uses the earnings approach for revenue recognition, which of the following is not needed to calculate the gross profit margin? O Sales returns and allowances O Sales O Operating expenses Cost of goods sold