For each of the independent cases below,identify and describe the principle of internal control that is violated and recommend what should be done to remedy the violation.
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Q164: Petty cash payments are recorded in the
Q165: McDermott Company's bank statement for September 30
Q166: Define internal control and identify the objectives
Q167: Identify the purpose of a voucher system
Q171: Restricted cash is reported:
A)separately as an asset
Q172: The entry to record to replenishing the
Q173: Research has found that three factors exist
Q174: At the end of the day,the cash
Q175: Identify at least five reasons why the
Q176: Describe each of the five components of
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