Rafi works at TBG Cinema. Sells the tickets and also ushers customers into the cinema  halls. The standard procedure requires Rafi to tear the tickets, give one-half to the  customer, and keep the other half for record. In order to control cash receipts, the  manager will compare each night’s cash receipt with the number of ticket stubs on hand. Identify the internal control weakness in this situation. How can this situation be  improved?

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Audit Procedures

Audit Procedures are methods and techniques performed by the auditor to determine the quality of financial information of clients, thereby expressing an opinion on true & fair view of financial statements and entity position. They are identified and applied at the planning stage of audit after determining audit objectives, scope, approach, and risk assessment.