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Discussion\#5 - Internal Controls/Cash DUE This week; we were discussing cash and internal controls. Please...

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Accounting

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Discussion\#5 - Internal Controls/Cash DUE This week; we were discussing cash and internal controls. Please answer the following in a minimum of a paragraph: Cash recelpts from customers are received by the company with regular mail. The recordikeeper opens these letters and deposits the cash eeceived each day. 1. identify any internal control probiemisin this arrangement. 2. What changes to its internal control system do you recommend? - You must reply to a minimum of one other students post and critique his/her discussion. DONT JUST SAYYOU LIKE IT OR ENJOYED IT. if there is a mistake, state it. if you agree, why? A minimum of two to three COMPLETE sentences are required

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