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What can happen if Employee D is the one who prepares both the receipt and the bank reconciliation statement?

Posted: Mon May 02, 2022 6:40 am
by answerhappygod
What can happen if Employee D is the one who prepares both the
receipt and the bank reconciliation statement?
What Can Happen If Employee D Is The One Who Prepares Both The Receipt And The Bank Reconciliation Statement 1
What Can Happen If Employee D Is The One Who Prepares Both The Receipt And The Bank Reconciliation Statement 1 (22.66 KiB) Viewed 38 times
5. If you are the store manager for the company, and you only hired five employees to work for the store. Employees A, B, C are all sale persons for the store who keep all the sales records for the store; Employee D is the only cashier cum accountant who deposits the receipts daily in the bank. Employee E handles all the payment matters for the store. He/she is also the record- keeper who keeps the accounting books for the store. What can happen if Employee D is the one who prepares both the receipt and the bank reconciliation statement?