Select a business in your community or online and obseve

Reference no: EM13601252

Select a business in your community or online and obseve its internal controls over cash receipts and cash payments. Locally, the business could be a bank, bookstore, restaurant, department store or other retailer. Online could be any B2B (Business to Business) or B2C (Business to Consumer) website. From your observation and based on information you learned in Chapter 8, identify the businesses internal cash controls, or lack thereof? If you were hired as an outside consultant, what recommendations would you make for this business. Look for potential risks and area where the business seems to excel.

Reference no: EM13601252

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