Cash Management, Variance Analysis and Developing Internal Controls

I don’t understand this Management question and need help to study.

Please see the below the questions below that I would like to have individually answered. This assignment must consist of 1200+ words with 3 Scholarly Sources, the below reference must be used as one source. Please put the question number by the answer so that I know what answer goes with each question.**NO PLAGIARISM WHATSOEVER**1. Review “The Case of the Missing Check” (p. 252) and answer the following questions.

1. What are the visible risks?

2. What should the Town do with received cash?

3. How is this applicable to managing other short-term resources?

2. What can protocols can be put into place for an organization based on the lessons regarding payments not received in person?

3. On page 296 of the text, review Problem 8-24 to answer the following questions:

1. Is the result favorable?

2. Why?

4. Review Problem 8-32 on page 297 of the text. Answer the following questions:

1. What are their biggest control weaknesses?

2. Which controls should be utilized?

3. How to overcome staff/resource limitations?

5. Are the initial estimates with regards to the case logical?

Reference and Textbook are below;

Finkler, S. A., Calabrese, T., Purtell, R., & Smith, D. L. (2013). Financial management for public, health, and not-for-profit organizations (4th ed.). Boston: Pearson.