Permitting only designated personnel such as cashiers to handle cash receipts is an applica- tion of the

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Permitting only designated personnel such as cashiers to handle cash receipts is an applica- tion of the principle of:

(a) segregation of duties.

(b) establishment of responsibility.

(c) independent internal verification.

(d) other controls.

AppendixLO1

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471691952

3rd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jul 23, 2024 07:02 AM

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Financial Accounting Tools For Business Decision Making

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