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Herbert and Evita Are Planning to Open a Quick Copy

Question 181

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Herbert and Evita are planning to open a quick copy center near the local college.They will make both cash and credit sales.They will hire college students to make copies and to operate the cash register.Either Herbert or Evita will act as manager during most hours that the business will be open.One student will be designated as assistant manager when they cannot be present.
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Describe procedures that Herbert and Evita might use to provide adequate internal control over cash and credit sales and bank deposits.

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The following procedures should be consi...

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