The following control procedures are used in mendy lang’s boutique shoppe for cash disbursements.(a)for each procedure, explain the weakness in internal control, and identify the internal control principle that is violated.(b)for each weakness, suggest a change in the procedure that will result in good internal control.
1. the company accountant prepares the bank reconciliation and reports any discrepancies to the owner.(a)weakness: principle: (b)recommended change:
2.the store manager personally approves all payments before signing and issuing checks.(a)weakness: principle: (b)recommended change:
3.each week, 100 company checks are left in an unmarked envelope on a shelf behind the cash register.(a)weakness: principle: (b)recommended change:
4.after payment, bills are filed in a paid invoice folder.(a)weakness: principle: (b)recommended change:
5.the company checks are unnumbered.(a)weakness: principle: (b)recommended change:

Aiden is 19 years old, unmarried, and was a first-year full-time student working on a degree in accounting during 2018. he has never had a felony drug conviction. aiden did not provide more than half of his own support and can be claimed as a dependent by his mother. aiden’s income was $4,000 in wages working as a part-time cook at a fast food restaurant. aiden received form 1098-t indicating $5,000 for payments received for qualified tuition and related expenses in box 1. he received $8,500 in scholarships and grants, which was reported in box 5. aiden’s scholarship was used to pay for room and board, tuition, and books. the cost of his books was $845. aiden is a u.s. citizen with a valid social security number. 1. which of the following statements is true? a. the portion of the scholarship that was not used for qualified educational expenses must be included in aiden's income. b. the amount spent on books is not a qualified education expense. c. the taxable portion of the scholarship must be reported on aiden's mother’s return. d. none of aiden's scholarship is taxable.