Control of Cash Which one of the following is not an important control associated with cash? a.
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Control of Cash Which one of the following is not an important control associated with cash?
a. All cash expenditures must be made with prenumbered checks.
b. The cash balance must never fall below the sum of inventory and accounts receivable.
c. All cash receipts must be deposited daily.
d. The handling of cash must be separated from the recording of cash.
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Related Book For
Accounting Concepts And Applications
ISBN: 9780324376159
10th Edition
Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice, Monte R. Swain
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