The narrative and systems flowchart for the Causeway Company cash receipts system are in...

The narrative and systems flowchart for the Causeway Company cash receipts system are included in Exhibit 9.6 and Figure 9.11 (pg. 334), respectively. Using Exhibit 9.6 and Figure 9.11, do the following:

a. Prepare a control matrix, including explanations of how each recommended control plan helps to accomplish—or would accomplish in the case of missing plans—each related control goal. Your choice of recommended control plans should come from Figure 9.4 (pg. 311)/Exhibit 9.3(pp. 316–317) or Figure 9.6 (pg. 320)/Exhibit 9.4 (pg. 324), as appropriate. Be sure to tailor the matrix columns to conform to the specifics of the Causeway system. In doing so, assume the following two effectiveness goals only:

• Timely deposit of checks

• Comply with compensating balance agreements with the depository bank

b. Annotate the systems flowchart in Figure 9.11 to show the location of each control plan listed in the control matrix.