Internal Control And Cash For Financial Accounting Class

WRITING ASSIGNMENT Content – 3 pages / double space/ cover sheet.

Choose one exercise: 5-2, 5-3 or 5-4 from Survey of Accounting, Chapter 5 This is a WRITING ASSIGNMENT. Please use proper grammar, punctuation, and language as you would in writing to your supervisor or manager at work. Include Cover Sheet.

Don't use plagiarized sources. Get Your Custom Essay on
Internal Control And Cash For Financial Accounting Class
Just from $13/Page
Order Essay

I picked exercise: 5-2.

Obj. 2- Describe and illustrate the objectives and elements of internal control.

Obj. 3- Describe and illustrate the application of internal controls to cash.


5-2 Exercise:


Jittery Joe has recently been hired as the manager of Loyola’s Coffee, a national chain of franchised coffee shops. During his first month as store manager, Jittery encountered the following internal control situations:


a. Loyola’s Coffee has one cash register. Prior to Jittery joining the coffee shop, each employee working on a shift would take a customer order, accept payment, and then prepare the order. Jittery made one employee on each shift responsible for taking orders and accepting the customer’s payment. Other employees prepare the orders.


b. Since only one employee uses the cash register, that employee is responsible for counting the cash at the end of the shift and verifying that the cash in the drawer matches the amount of cash sales recorded by the cash register. Jittery expects each cashier to balance the drawer to the penny every time—no exceptions.


c. Jittery caught an employee putting a case of single-serving tea bags in her car. Not wanting to create a scene, Jittery smiled and said, “I don’t think you’re putting those tea bags on the right shelf. Don’t they belong inside the coffee shop?” The employee returned the tea bags to the stockroom.


State whether you agree or disagree with Jittery’s method of handling each situation and explain your answer.



Thank you

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

As the best, my homework help website in the world, strives to deliver only high-quality finished papers to all customers. We value impeccable quality and guarantee that we will deliver on that promise more than anything else. We will deliver!
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-Back Guarantee

Have you received your finished paper but are not satisfied with what our writer submitted? You can initiate our money-back guarantee to get your money back with no strings attached.

Read more

Zero-Plagiarism Guarantee is the best my homework help website in the world. At WritersABC, we have a team of certified, tried, and tested writers who work around the clock to ensure that you receive only high-quality, 100% original finished papers.

Read more

Free-Revision Policy

At WritersABC, we guarantee all our customers of the best essay writing service in the writing industry. And that’s precisely what we strive to deliver. As such, we encourage all our customers to utilize our unlimited free-revision policy if you aren’t satisfied with your paper. Don’t accept any paper until you are 100% satisfied with it.

Read more

Privacy Policy

We value the trust that our clients accord us and respect every customers’ rights to personal data protection. We will never share, sell, or rent any information that we collect from you with any third parties. Both your personal and financial information is safe with us.

Read more

Fair-Cooperation Guarantee

We have only gotten this far with the help of our loyal customers and a team of dedicated experts. As the best, my homework help website, WritersABC implores customers to help make our writers’ work easier. Visit our fair-cooperation guarantee for more information on the same.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages