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What is the role of the accountants in preventing and detecting
the theft of cash?
What are the accounting implications and threats of using e-
cash, and what should be the main concerns when developing an
AIS that will handle or interact with e-cash transactions?
Do you think that receiving physical cash is associated with
more risks than other forms of payments? What can companies
do to mitigate the risks associated with handling physical cash?
What is the role of the AIS in safeguarding cash
payment activities?
"Internal control is the “glue” which holds a company's
accounting system together". Do you agree with the foregoing
statement? Please explain your answer using an expenditure
transaction.
In a theft investigation, does John Doe’s signature on a
document mean that John Doe signed it?
Do small companies need budgets as much as large companies?
How are responsibility centers used to incentivize managers?

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  • 2. How are responsibility centers used to incentivize managers?