When you go to the movie theater, you buy a prenumbered ticket from the cashier. This ticket is handed to another person at the entrance to the movie. What kinds of irregularities is there theater trying to prevent? What control is it using to prevent these irregularities? What remaining risks or exposures can you identify?
250 words
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The remaining risk or exposure that can be identified is a case where the person taking the tickets allows his friends of the family in without a ticket. They may also collect money from theater patrons, pocket it and let them in without tickets (Hall, 2015). The funds will hence be beneficial to the person collecting the ticket instead of the proceeds going to the theater. Some of the ticket takers can also collaborate with the cashiers in the selling of tickets and not issue people with the tickets and share the cash afterward among themselves. Theater irregularities are a significant drawback, and prenumbered tickets should always be used to eliminate or minimize cashier pocketing the funds.
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