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1. In a cash receipts system, which of the following controls will best ensure that all receipts received are properly recorded? Mailing monthly statements to
1. "In a cash receipts system, which of the following controls will best ensure that all receipts received are properly recorded?"
Mailing monthly statements to customers
Requiring accounting personnel to receive checks from customers
Independently verifying that all recorded receipts appear on the prelist
Footing the prelist
Operating an effective accounting system for the underlying sales
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