Good internal control procedures for cash include which of the following? (a) All cash disbursements, other than

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Good internal control procedures for cash include which of the following?

(a) All cash disbursements, other than those for very small amounts, are made by check;

(b) One employee counts cash received from sales and promptly deposits cash receipts; or

(c) Cash receipts by mail are opened by one employee who is then responsible for recording and depositing them.

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Fundamental Accounting Principles Volume 2

ISBN: 9780077716660

21st Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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Question Posted: Jul 15, 2024 01:06 AM

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Good internal control procedures for cash include which of the following? (a) All cash disbursements, other than

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Fundamental Accounting Principles Volume 2

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