Question: need required 1 and 2 please PA5-1 (Static) Identifying Internal Control Principles in Cash Receipts and Disbursements [LO 5-3] The following procedures are used by

need required 1 and 2 please
need required 1 and 2 please PA5-1 (Static) Identifying Internal Control Principles
in Cash Receipts and Disbursements [LO 5-3] The following procedures are used
by The Taco Truck (TTT). a. TIT has two employees given the

PA5-1 (Static) Identifying Internal Control Principles in Cash Receipts and Disbursements [LO 5-3] The following procedures are used by The Taco Truck (TTT). a. TIT has two employees given the following tasks: the counter staff person's job is to handle all customer interactions, whereas it up to the manager to do all food preparation and business management. b. Customers pay for all food orders in cash, which is placed in a cash register. c. At the end of each day, the counter staff person counts the cash and prepares a cash count sheet. d. At the end of the day, the manager counts the cash and signs the cash count sheet if he agrees with the amount reported by the counter staff person, and takes it for deposit. e. Orders for drink cups, straws, condiments, and other supplies are written on prenumbered purchase order forms. Required: 1. For each statement (a)-(e), identify the internal control principle being applied. 2. If the counter staff person were to count the cash and take it for deposit, what internal control principle would be violated? Complete this question by entering your answers in the tabs below. customer with the Independently verify Restrict access Segregate duties a. TTT has two employees given the following tasks: the counter staff person's job is to handle all customer interactions, whe up to the manager to do all food preparation and business management. b. Customers pay for all food orders in cash, which is placed in a cash register. c. At the end of each day, the counter staff person counts the cash and prepares a cash count sheet. d. At the end of the day, the manager counts the cash and signs the cash count sheet if he agrees with the amount reported b counter staff person, and takes it for deposit. e. Orders for drink cups, straws, condiments, and other supplies are written on prenumbered purchase order forms. Required: 1. For each statement (a)-(e), identify the internal control principle being applied. 2. If the counter staff person were to count the cash and take it for deposit, what internal control principle would be violated? Complete this question by entering your answers in the tabs below. If the counter staff person were to count the cash and take it for deposit, what internal control principle would be violated? PA5-1 (Static) Identifying Internal Control Principles in Cash Receipts and Disbursements [LO 5-3] The following procedures are used by The Taco Truck (TTT). a. TIT has two employees given the following tasks: the counter staff person's job is to handle all customer interactions, whereas it up to the manager to do all food preparation and business management. b. Customers pay for all food orders in cash, which is placed in a cash register. c. At the end of each day, the counter staff person counts the cash and prepares a cash count sheet. d. At the end of the day, the manager counts the cash and signs the cash count sheet if he agrees with the amount reported by the counter staff person, and takes it for deposit. e. Orders for drink cups, straws, condiments, and other supplies are written on prenumbered purchase order forms. Required: 1. For each statement (a)-(e), identify the internal control principle being applied. 2. If the counter staff person were to count the cash and take it for deposit, what internal control principle would be violated? Complete this question by entering your answers in the tabs below. customer with the Independently verify Restrict access Segregate duties a. TTT has two employees given the following tasks: the counter staff person's job is to handle all customer interactions, whe up to the manager to do all food preparation and business management. b. Customers pay for all food orders in cash, which is placed in a cash register. c. At the end of each day, the counter staff person counts the cash and prepares a cash count sheet. d. At the end of the day, the manager counts the cash and signs the cash count sheet if he agrees with the amount reported b counter staff person, and takes it for deposit. e. Orders for drink cups, straws, condiments, and other supplies are written on prenumbered purchase order forms. Required: 1. For each statement (a)-(e), identify the internal control principle being applied. 2. If the counter staff person were to count the cash and take it for deposit, what internal control principle would be violated? Complete this question by entering your answers in the tabs below. If the counter staff person were to count the cash and take it for deposit, what internal control principle would be violated

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