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At most movie theaters, one employee sells tickets and another employee collects them. One night, when you're at the movies, your friend comments that this is a waste of the theater's money.

Required:

1. Identify the name of the control principle to which this situation relates.

2. Explain to your friend what kind of fraud could occur if the same person did both jobs.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91545161
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