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18. 3 pts A good system of internal control for cash provides adequate procedures for protecting both cash receipts and cash disbursements. Identify if the

18. 3 pts A good system of internal control for cash provides adequate procedures for protecting both cash receipts and cash disbursements. Identify if the following statement is true regarding protecting cash A petty cash system of control is not an adequate control system to safeguard small cash disbursements True False

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