Which of the following controls could mitigate cash skimming efforts in a restaurant?
A) Requiring receipts to be submitted
B) Requiring manager approval for cash and check disbursement
C) Implementing segregation of duties so that employees receiving payments do not also send invoices to customers
D) Implementing segregation of duties so that employees executing sales do not also perform inventory counts and write-offs

Question

Quizplus · Accepted Answer

Segregation of duties ensures that employees involved in sales do not have control over inventory counts and write-offs, reducing the opportunity for skimming by preventing manipulation of inventory records to cover up cash theft.

Which of the Following Controls Could Mitigate Cash Skimming Efforts