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Acct 200 Live Zoom: Chapter 7 Worksheet Remember to complete this worksheet after class as there will be questions on the Ch 7 lecture Quiz from this document. 1) What are the three factors that contribute to fraud? 2) John Jackson is concerned with internal controls over checks received from customers at Go Sporting Goods. All checks received in the mail are sent to the accounting department, where they are stamped "For Deposit Only". The accounting department records the checks and also deposits the checks weekly a. What principle of internal control is being violated? b. How could a new policy improve this internal control violation? 3) At Nature's Caf, Joe & Jan use the same cash register drawer. a. What principle of internal control is being violated? b. How could a new policy improve this internal control violation? 4) ABC Co. prepares customer invoices on plain blank paper. a. What principle of internal control is being violated? b. How could a new policy improve this internal control violation? 5) The employee responsible for the XYZ Co's checks keeps the checks in her unlocked desk drawer. a. What principle of internal control is being violated? b. How could a new policy improve this internal control violation