To reduce the risk of theft by an employee, a business should have one employee who receives the cash for the cash drawer, accepts cash payments and makes change, and performs the cash drawer balancing at the end of the day

Question

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Having a single employee handle all cash-related tasks increases the risk of theft because it lacks checks and balances. Separating these duties among different employees can help prevent theft by creating a system of internal controls.

To Reduce the Risk of Theft by an Employee, a Business