1. AA is retail outlet that sells pretzels. They were started in a farmer’s market in
1988.
2. AA is one of the fastest growing and most profitable franchises. It is currently located in 47 states and 25
countries. Currently it has 1,400 retail
locations.
3. AA is mostly a “cash” business, with much of its revenues coming from cash
sales.
4. AA franchises typically have a wide variety of internal control
mechanisms. Each franchise is independently
owned.
Using the EWIP rubric, assess what control considerations
will you have for cash. That is, how you
will prevent cash fraud at AA. Use SAS-99 and AU Section 316 to support your
answer. 1-2 pages
