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Bellagio Case Summary

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Bellagio Case Summary
Bellagio has tight controls over its dealer, which provide a high degree of certainty that the person being controlled will act as the organization wishes. However the vice presidents of table games are not tightly controlled because there is no good performance measure for them.
In terms of cash control, Bellagio assigns employees the responsibility of certain amount of cash, and some procedures are carried out to ensure that the records are reliable, such as standardization of actions at the tables, supervision and surveillance, as well as auditing procedures. These procedures are effective internal control methods and can prevent embezzlement, unless two or more people collude.
Amount the internal control methods, standardization

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