Which of the following reflects a weakness in the internal control for cash?
A)Cash register generates receipt that documents the cash sale which is given to the customer.
B)Two employees have access to the same cash register in order to reduce chance of theft.
C)Person making out a check must get authorization before the check is sent.
D)The person receiving cash in the mail can not make entries into the accounting records.

Question

Quizplus · Accepted Answer

Allowing two employees to have access to the same cash register increases the risk of collusion and makes it more difficult to trace any errors or discrepancies in the cash transactions. This is a weakness in the internal control for cash. The other options describe good internal controls for cash.

Which of the Following Reflects a Weakness in the Internal