Identify control deficiencies for acquisitions and for cash disbursements. After you decide on the deficiencies, include each deficiency in the bottom portion of one of the two matrices.
INTEGRATED CASE APPLICATION—PINNACLE MANUFACTURING: PART IV The purpose of Part IV is to obtain an understanding of internal control and assess control risk for Pinnacle Manufacturing’s acquisition and cash disbursement transactions.a. Familiarize yourself with the internal control system for acquisitions and cash dis-bursements by studying the information in Figure 12-12 and Figure 12-13.b. Prepare a […]