The control features of a bank account do not include: a. having bank auditors verify the correctness

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The control features of a bank account do not include:

a. having bank auditors verify the correctness of the bank balance per books.

b. minimizing the amount of cash that must be kept on hand.

(SO 7)

(SO

c. providing a double record of all bank transactions.

d. safeguarding cash by using a bank as a depository.

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

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

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Question Posted: Jun 10, 2024 01:14 AM

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The control features of a bank account do not include: a. having bank auditors verify the correctness

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Financial Accounting Text Only

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