Business, 30.10.2019 05:31 nevaehkb

Accounting: explain the weakness in internal control and identify the internal control principle that violated? 1. each week, katja leaves 100 company checks in an unmarked envelope on a shelf behind the cash register.2. the store manager personally approves all payments before signing and issuing checks.3. the company checks are unnumbered.4. after payment, bills are "filed" in a paid invoice folder.5. the company accountant prepares the bank reconciliation and reports any discrepancies to the owner.

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Accounting: explain the weakness in internal control and identify the internal control principle th...