Herbert and Evita Are Planning to Open a Quick Copy

question 75

Essay

Herbert and Evita are planning to open a quick copy center near the local college.They will make both cash and credit sales.They will hire college students to make copies and to operate the cash register.Either Herbert or Evita will act as manager during most hours that the business will be open.One student will be designated as assistant manager when they cannot be present.
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Required
Describe procedures that Herbert and Evita might use to provide adequate internal control over cash and credit sales and bank deposits.

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Definitions:

Lower Job Involvement

A worker's lesser psychological identification with or commitment to their job, typically leading to reduced motivation and performance.

Cost Less

The strategy or outcome of reducing expenses or spending less money on a project or product.

Personal Matter

An issue or situation that pertains exclusively to an individual's private life, often unrelated to their professional responsibilities.

Government Scrutiny

The investigation or close examination by governmental bodies into the practices, activities, and policies of individuals, organizations, or industries.