Question
33. A remittance advice is a(n): Explanation for a payment by check. Bank statement. Internal voucher. Electronic funds transfer. Cancelled check. 31. An internal control
33. A remittance advice is a(n):
Explanation for a payment by check.
Bank statement.
Internal voucher.
Electronic funds transfer.
Cancelled check.
31. An internal control system consists of the policies and procedures used to accomplish all of the following except:
Protect assets.
Ensure reliable accounting.
Guarantee a return to investors.
Urge adherence to company policies.
Promote efficient operations. 32. Cash equivalents:
Are short-term, highly liquid investment assets.
Include 6-month certificates of deposit.
Include checking accounts.
Are recorded in petty cash.
Include money orders.
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