The most important internal control over cash receipts is (pp. 338) a. Assigning an honest employee the
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The most important internal control over cash receipts is (pp. 338)
a. Assigning an honest employee the responsibility for handling cash
b. Separating the cash-handling and cash-accounting duties
c. Ensuring that cash is deposited in the bank daily
d. Centralizing the opening of incoming mail in a single location
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Related Book For
Financial Accounting
ISBN: 9780133118209
2nd Edition
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
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