Reference no: EM132896327

Question - Identify the principles of internal control for handling cash. Gerry's Pizza operates strictly on a takeaway basis. Customers pick up their orders at a counter where a clerk exchanges the pizza for cash. At the counter, the customer can see other employees making the pizzas and the large ovens in which the pizzas are baked.

Required - Identify the five principles of internal control for handling cash and give an example of each principle that you might observe when picking up your pizza. (Note: It may not be possible to observe all the principles.)