Scenarios

A 60.00 cash shortage, investigated and closed

The same store, the same day, but the cash tender does not tie. Follows the exception from detection through investigation, escalation, write-off approval, its appearance as a reconciling item, and finally its selection in an audit sample.

Starting event

Store 214's cash takings on 3 March are recorded as 2,840.00 but only 2,780.00 is credited by the bank.

Spans

Day 0 (3 March) through the following quarter's audit

Scenario steps9
  • Northfield Retail LLC
  • Northfield Retail LLC
  • Northfield Retail LLC
  • Northfield Retail LLC · Matching Engine Execution
  • Northfield Retail LLC · Exception Routing & Resolution
  • Northfield Services Pvt Ltd · Exception Routing & Resolution
  • Northfield Services Pvt Ltd · Exception Routing & Resolution
  • Northfield Retail LLC · Reconciling Item Management & Aging
  • Northfield Foods Inc. · Control Testing & Evaluation Cycles