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1. A company stamps checks received in the mail with the words For Deposit Only. This endorsement is called: a deposit endorsement. a proficient endorsement.

1. A company stamps checks received in the mail with the words "For Deposit Only". This endorsement is called:

a deposit endorsement.

a proficient endorsement.

a restrictive endorsement.

an operational endorsement.

2.

The reconciliation of the cash register tape with the cash in the register is an example of:

other controls.

independent internal verification.

establishment of responsibility.

segregation of duties.

3.

Which of the following is not a principle of internal control?

Segregation of Duties

Independent Internal Verification

Price Parity

Documentation Procedures

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