Identify any internal control weakness Essay Example | Topics and Well Written Essays - 250 words

Identify any internal control helplessness - Essay Exampleallowing the currently approved credit customers to continue their credit orders until they stop patronizing the social club, allowing part/delinquent customers to future credit purchases. The internal control should include ageing of accounts receivable as terms for preventing delinquent/bankrupt customers from future credit purchases (Rittenberg, 2011).Third, the company uses external transportation entity creating a higher run a risk of sending the wrong item types or wrong number of items shipped. The company should send an employee to the external shipping company to inspect and ensure the right item types and quantities are shipped to the customers (Rittenberg, 2011).Fourth, taking orders through the internet (chat orders) or through phone calls increases the risks of errors or frauds. The customers may deny they called up or chatted through the internet with the company to order the items received by the customers . The better internal control is to use the signed order enumeration from the customers as basis for shipping the customers ordered items (Rittenberg,