Question: Which of the following explain what could go wrong with these transactions if the system of internal controls does not meet any of the seven

Which of the following explain what could go wrong with these transactions if the system of internal controls does not meet any of the seven generally accepted objectives of internal controly? (Several choices may be correct)
The cashier uses incorrect pricing for customer services.
There is no code of conduct.
Services are provided by the massage theraplst, but they are not charged to the medical provider or the cantance:
Carmel has been so busy establishing the new branch that she has not ansessed the risk that a new massage clink has epened a block away from the first location.
Not all cash receipts are deposited intact in a timely manner.
Carmel has been ordering the wrong supplies.
Carmel recognises there is a weak internal contro over the inventory on land.
Which of the following explain what could go

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!