ACC 290 Week 5 Discussion Question 1 For more course tutorials visit www . uophelp . com
Do it ! 5-4 =================================================
ACC 290 Week 5 Discussion Question 1 For more course tutorials visit www . uophelp . com
What is the control environment ? How does the control environment affect a company ’ s internal controls ? What are the negative and positive elements of a control environment ? What are two examples of strong and weak internal controls in organizations where you have worked or have first-hand knowledge ? How are these different ? How would you describe the key internal controls that should be in place to protect cash in a cash rich environment such as a merchandiser ? What are the key internal controls that should be in place to protect inventory for a merchandiser that sells highly desirable and very expensive inventory , such as jewelry ? Would this be different if the business had a less desirable and less expensive inventory ? Explain why or why not .
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