Indicate Whether Each of the Business Practices Listed Below Strengthens

question 11

Short Answer

Indicate whether each of the business practices listed below strengthens (S) or weakens (W) a company's system of internal control.
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a. Cashiers are not bonded.
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b. All payments are made with checks.
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c. Discouraging employees from taking paid vacations.
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d. Two people handle cash sales from the same cash register drawer.
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e. Using prenumbered sales tickets.

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Definitions:

Revenue Function

is a mathematical representation that shows how revenue changes in response to changes in sales volumes, prices, or other influencing factors.

Costs

The monetary value spent or required to buy, produce, accomplish, or maintain something.

Environmental Regulations

Rules and standards set by authorities to control the impact of human activities on the environment.

Utilities

Essential services provided by public and private sectors such as water, electricity, gas, and sewer services.