With good internal controls, the person who handles cash can also a. account for cash payments. b.
Question:
With good internal controls, the person who handles cash can also
a. account for cash payments.
b. account for cash receipts from customers.
c. issue credits to customers for sales returns.
d. None of the above
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Internal control is a set of practices aimed at safeguarding company resources and ensuring the accu...View the full answer
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Related Book For
Financial And Managerial Accounting
ISBN: 9780135080191
2nd Edition
Authors: Charles T Horngren, Jr Walter T Harrison
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