{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Homework Chapter 7 - Corporate Financial Accounting(Acct101...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Corporate Financial Accounting (Acct101) February 25, 2009 Ex 10 There does not seem to be any checks and balances there at Jackpot Burger’s or any monitoring system. The following are fraud prevention ideas: Use of accounting books to record the amount of supplies used in a given day and compare to the net income. Install security cameras. Provide uniforms with no pockets Have a promotion where if the customer does not receive a receipt, he gets his meal free. This forces the cashier to place transaction in cash register. Create a process flow where the cook places the order in the register and the drive through operator collects the money. Ex 14 1. Prepare voucher, support voucher with PO and receiving report. 2. Submit voucher for approval from manager. 3. Voucher is recorded in accounts and filed by the due date. Upon payment, the voucher is recorded in the same manner as the payment of an account payable.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}