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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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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