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Pick any major crime committed today. Compare and contrast two theories of deviance to explain why people may commit those crimes. First, review the basic tenants of each theory, then apply one or more components of each theory to explain the deviant behavior. Which theory do you think best explains the deviance? Why?
Petty Cash Transactions
Small purchases or expenditures paid using a readily available cash fund.
Cash Over and Short
An account that reports the discrepancies between the physical count of cash and the recorded amounts in a business's financial records.
Internal Control Procedures
Systems and policies put in place by a company to ensure the accuracy and integrity of financial and accounting information, prevent fraud, and comply with laws.
Cash Receipts
Money received by a business during a set accounting period, including revenue from sales, interest, dividends, and other cash inflows.
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