Question
1. To further prevent the theft of cash, many companies accept electronic funds transfers from their customers. a. True b. False 2. Payments by check
a. True
b. False
2. Payments by check or EFT represent an important internal control.
a. True
b. False
3. The person to whom a check is paid is referred to as the maker.
a. True
b. False
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
