Internal control of cash receipts
Kevin Clavin works at the drive-through window of Big Bad Burgers. Occasionally, when a drive-through customer orders, Kevin fills the order and pockets the customer’s money. He does not ring up the order on the cash register.
Identify the internal control weaknesses that exit at Big Bad Burgers, and discuss what can be done to prevent this theft.
By attempting the above questions, you are applying the objectives and elements of internal control to cash. Also, you are evaluating the internal control procedures employed in a typical organization.
Note:
The uploaded reading materials for this week can be very useful in attempting this week’s discussion board questions. Consulting other relevant materials may also improve the quality of your work and by extension your grades!
Make sure to proofread carefully. Grammar and spelling errors will impact the grading. I expect your discussion question responses to be rigorous reflecting critical thinking and supported with appropriate data and evidence. Whenever possible, please try to relate the course content to real-world applications from your work experience. (Since the writer doesn’t know my work experience, give an example)
I will provide a pdf file with chapter 7 reading which is going to help answer the question. Please if you use any other source DO NOT plagiarized, use citation. Use your own words DO NOT copy-paste from the Internet.
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