Question

Faith Case has recently been hired as the manager of bruit Coffee Shop Gear Coffee Shop is a nation has offranchised coffee shops During her first month as store manager, Farth encountered the following internal control stations: a. Falth caught an employee putting of 1,000 single serving tubags in his car tot wanting to create a son, Fried and said, "I don't think you're puting those bags on the right the othey belonginside the coffee shop The employee returned the tea bags to the stroom the internal control principle of safeguarding of with Faith's method of handling this station because she has b. Gibraltar Coffee Shop has one cash register. Prior to Far's joining the coffee shop, each employee working on a shit would take a customer order, scompt payment and then prepare the order. Fath made one employee on each shift responsible for taking orders and accepting the customer's payment Other employees prepare the orders the internal control principle of assignment of response and 1 the internal control principle of segregation of duties Because only one employee uses the cash register, that employee is responsible for counting the cach at the end of the shit and verifying that the cash in the drawer matches the amount of cash sales recorded by the cash register. Faith expects each cashier to balance the drawer to the penny every time-ne exceptions the internal control principle of segregation of duties. with Faith's method of handing this situation because it has

Answer 1

I disagree with Faith's method of handling this situation because she has Not followed he internal control principle of safeguarding of assets.

b. Gibraltar Coffee Shop has one cash register. Prior to Faith’s joining the coffee shop, each employee working on a shift would take a customer order, accept payment, and then prepare the order. Faith made one employee on each shift responsible for taking orders and accepting the customer’s payment. Other employees prepare the orders.

I agree with Faith's method of handling this situation because Faith has followed the internal control principle of assignment of responsibility and followed the internal control principle of segregation of duties.

c. Because only one employee uses the cash register, that employee is responsible for counting the cash at the end of the shift and verifying that the cash in the drawer matches the amount of cash sales recorded by the cash register. Faith expects each cashier to balance the drawer to the penny every time—no exceptions.

I disagree with Faith's method of handling this situation because Faith has not followed the internal control principle of segregation of duties