Accounting discussion board
Shenice1979describe any violations of good internal control procedures and indicate the steps you would suggest to correct the internal control weakness.
1. John Smith is the petty-cash custodian. John approves all requests for payment out of the $200 fund, which is replenished at the end of each month. At the end of each month, John submits a list of all accounts and amounts to be charged, and a check is written to him for the total amount. John is the only person ever to tally the fund.
10 years ago
5
Answer(0)
Bids(0)
other Questions(10)
- Team Strategy Plan AND Conflict Management
- due asap
- work for abdullah
- The quality control manager at a light globe factory needs to estimate the mean life of large shipment of energy-saving...
- Business Law
- The Articles of Confederation are often described as a "weak" national government. Why do you think the delegates of the...
- On 1/1/2009, XYZ signed a 2 year, $6,000 non-interest note and received equipment form ABC
- Taxes...
- Intermediate Accounting I Current Liabilities & Contingencies (Chapter 13)
- Intel Inc.Refer to the Intel Inc. 2012 financial statements and the accompanyinng notes
