customer check for $300 less a $55 allowance, he records the sales allowance and forwards the document to the accounting department. Read the requirements. Requirement 1. Identify the internal control weakness in this situation. Chipello should have unlimited access to the accounting records. The job of receiving customers payments is performed by the same person who is responsible for accounting for sales allowances. The same person should prepare the deposit and record the entry in the accounts. The same person should receive the checks, prepare the deposit and record the entry in the accounts
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