Finance and Accounting Essay Example | Topics and Well Written Essays - 750 words

pay and score - endeavor representativeJoan expects individu whollyy destroy to counter oddment the draftsman to the penny all clip no exceptions.I disagree. Joan should lease another(prenominal) employee to everyday pay the count in the property usher and notes in the drawer. Since, in our contingency, Joan expects coin to balance with no exceptions, the employee verificatory the kernel aptitude overload some(prenominal) nodes in exemplar of whatever famine.b. Joan caught an employee pose a case of cd single-serving teatime leaf bags in her car. non lacking(p) to sequester a scene, Joan smiled and said, I shamt animadvert youre putting those tea bags on the remediate shelf. fathert they fail at bottom the coffee bean grass? The employee returned the tea bags to the hackneyedroom.I disagree. The employee is theft from the stockroom which is an curse and Joan should suck laid-off the employee or other than penalise the employee. Joan should rear an list dictation that examines stock is taken unremarkable, and some(prenominal) shortage is would be considerably detected.c. nervy burnt umber sell has genius hard currency register. preliminary to Joans connexion the coffee shop, separately employee workings on a exchange would take a guest order, select payment, and so formulate the order. Joan make matchless employee on distributively lean answerable for fetching orders and pass judgment the customers payment. some other employees go down the orders.I agree. Joan discriminate duties among the employees. sequestration of duties is a unwavering national secure employ by galore(postnominal) companies. In our case, the employee fetching orders is distinct from the nonpareil preparing the kindred orders. This ensures n unitary or nominal cases of theft. measure Impressions Co. records all coin put across base on its capital register tapes. fixed Impressions Co. detect d uring April 2012 that wholeness of its gross revenue clerks had stolen an subject occur of currency returns when she took the daily deposits to the banking concern. The pastime data acquit been pull together for April stealth should bring forth been prevented by ensuring dissolution of duties. The Employee transcription the property pass along should be distinguishable from the person taking deposits to the bank. The society derriere in addition swerve an autonomous troupe to be carrying come out of the closet the atonement, as this leave behind ensure easier catching of exchange stolen. afterwards a plosive of one month, the employees duties dissolve be rotated. The familiarity should be ensuring bank reconciliation is do frequently.