My first Magazine ACC 220 All Assignments | Page 7

How does information from financial reports influence business
decisions? Why is it important for business managers to understand the
information found on financial reports?
ACC 220 Week 4 Assignment Internal Cash
Control
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assignment-internal-cash-control
Assignment: Internal Cash Control
Write a 700- to 1,000-word paper that addresses which internal
controls are not being followed in these listed situations:
The accounting department receives from sales invoices once a month.
Most of the information is missing on the invoices.
Rob, Sue, and Bob use the same cash register at the donut shop.
Sam does the ordering of materials at the beginning of every month
and pays the bill.
Bank reconciliations are done by the person who is responsible for all
cash responsibilities.