Recently, while eating lunch with your familyat a local cafeteria, you observe a practicethat is somewhatunusual. As you reach the end of thecafeteria line, an adding machine operatorasks how many persons arein your party. He then totals the foodpurchase on the trays for all of your familyand writes the number ofpersons included in the group on the addingmachine tape. He hands you the tape andasks you to pay whenyou finish eating. Near the end of the meal,you decide you want a piece of pie andcoffee so you return tothe line, select your food, and again gothrough the line. The adding machineoperator goes through the sameprocedures, but this time he staples thesecond tape to the original and returns it toyou.When you leave the cafeteria, you hand thestapled adding machine tapes to the cashregister operator, whototals the two tapes, takes your money, andputs the tapes on a spindle.a. What internal controls has the cafeteriainstituted for its operations?b. How can the manager of the cafeteriaevaluate the effectiveness of the controls?c. How do these controls differ from thoseused by most cafeterias?d. What are the costs and benefits of thecafeteria's system?

The cafeteria system has multiple advantages, including the effective design and implementation of…

Answered: Recently, while eating lunch with your…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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