It is easier to keep track of the cash! OBJECTIVE 2 — Summarize basic procedures for achieving internal control over cash receipts. NEED SPECIAL

It is easier to keep track of the cash! OBJECTIVE 2 — Summarize basic procedures for achieving internal control over cash receipts. NEED SPECIAL INTERNAL CONTROLS OVER CASH. Why? Cash is a company”s most vulnerable asset (to theft, embezzlement). Why so vulnerable?