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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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