1. How would you describe the key internal controls that should be in place to protect cash in a cash rich environment such as a merchandiser?
2. Using examples of weak internal controls in an organization you are familiar with, how would you improve those controls to better safeguard a company's assets? Would these internal controls differ with a different type of business?
3. What are two examples of strong and weak internal controls in organizations where you have worked or have firsthand knowledge? How are these different?