Identify the internal control procedures that were overlooked in the following situations. If writing “other controls” is applicable, justify your position. 1. A charity golf tournament is held every...


Identify the internal control procedures that were overlooked in the following situations. If writing “other controls” is applicable, justify your position.


1. A charity golf tournament is held every year to raise funds. The charity raises over $ 15,000 a year. The organizer’s 16-year-old son is hired to sell tickets, and he also handles the cash collected.

Dec 11, 2021
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