Each of the following measures strengthens internal control over cash receipts except: a. Factoring accounts receivable. b.

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Each of the following measures strengthens internal control over cash receipts except:

a. Factoring accounts receivable.

b. Preparation of a daily listing of all checks received through the mail.

c. The deposit of cash receipts in the bank on a daily basis.

d. The use of cash registers.

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Financial Accounting

ISBN: 9780077328702

15th Edition

Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello

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