For the Following Situation,state Whether It Represents a Strength or Weakness

question 144

Essay

For the following situation,state whether it represents a strength or weakness in internal control and give the reason for your answer.
The movie theater has the following policy.Tickets are sold by the cashier.The ticket stubs are collected by the ticket taker.The ticket stubs are stored in a locked box,and the accounting personnel match the number of ticket stubs to the number of tickets sold.

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Definitions:

Custom Woodworking Business

A business that specializes in creating custom wooden furniture, decorations, or structures tailored to individual client specifications.

Shelf Facings

The number of individual products placed beside each other on the shelf.

Point-Of-Purchase

The location or moment where a transaction occurs and a customer makes a payment to the seller.

Direct-Mail Advertising

A marketing strategy that involves sending promotional materials or correspondence directly to potential customers through postal mail.