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15 In regards to daily deposits and reconciliations, the deposits should consist of O a. Intact totals of both cash sales and money received from

15 In regards to daily deposits and reconciliations, the deposits should consist of O a. Intact totals of both cash sales and money received from customers on account. O b. Intact totals from money received from customers, but not cash sales. Oc. Intact totals from cash sales, but not money received from customers. Od. A total of all sales and cash receipts, less money used for petty cash QUESTION 16 The primary control in the purchasing side of the finance cycle is that O a. only purchasing officials should place the actual order. O b. payments only be made by an independent treasury function based on approved invoices from other departments O payments only be made by the department that placed the order. O d. an audit trail must include a cost justification and vendor selection listing

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