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3 years ago

In a retail cash sales environment, which of the following controls is often absent?

Business

1 answer:

JulijaS [17]3 years ago

6 0

Answer:

The correct answer to the following question is option b) Separation of functions.

Explanation:

In a retail environment , the cash management process starts when a customer pays the cashier for the product or services he or she has purchased. The cashier then counts the cash in till drawer and then at end of the day cashier takes that cash to the third party who can be either manager or owner or a supervisor. Then cashier would receive a receipt against the cash for till drawer.

Now supervisor would collect cash from all the cashier and prepare the cash to be deposited in bank. So from this process it is quite clear that here there is separation of functions here and while all other options given in the question are present in the process.

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notsponge [240]

Answer:

A what businesses believe will generate the most profits.

Explanation:

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NemiM [27]

Answer:

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3 years ago

Kent "Flounder" Dorfman is a full-time student at Faber College. He is a senior and a member of Delta Tau Chai fraternity. The D

Burka [1]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

As per §117(b)(2) a qualified scholarship that is solely used for qualified tuition and related expenses like fees, books and supplies that is necessary for such course in which admission is taken, related tuition fees and associated expenses are not taxable.

On the other side expenses on rooms and boarding are not qualified expenses so any amount spent on it is fully taxable. Another condition is that scholarship given should not be an exchange of service.

<em>You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly. </em>

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Download xlsx

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3 years ago

Key differences exist when an integrated Enterprise Resource Planning system (ERP) replaces an existing AIS or legacy system. Fo

Olin [163]

Answer:

Inventory records

Explanation:

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Systems Enterprise Resource Planning (ERP) information systems that integrate applications to manage all departments and functions of as production, sales, purchasing, logistics, accounting, project management, and inventory control warehouses, orders, payroll, etc.

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2 years ago