The correct answer is the following.
Knowing that employee's lay off is common in unpredictable times in business, a good leader or counselor should make tough decisions that benefit the company. In this case, after firing one employee, Philip needs to resign activities to the other three employees. So in order to have the proper internal control of the business activities, the correct separation of duties must continue to assure proper internal control.
So the activities would be assigned as follows:
Abigail: reconcile bank statements, maintain personnel records, and reconcile accounts receivable records to the general ledger account.
Bryan: open mail and list checks, prepare deposit and take to the bank, maintain petty cash, and maintain the general ledger.
Chris: prepare checks for Phillip’s signature, prepare payroll checks, and maintain accounts receivable records.
