5. Which of the following is not an example of good internal control over cash payments? a....
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5. Which of the following is not an example of good internal control over cash payments?
a. Use prenumbered checks.
b. Issue checks only with an approved bill.
c. Have checks prepared and recorded in the accounting records by someone other than the person approving payments.
d. Make all payments with currency rather than by check.
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Related Book For
College Accounting A Contemporary Approach
ISBN: 9781259995156
4th Edition
Authors: M. David Haddock
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