Question
Which of the following controls would be most effective in combating the dual threat of cash theft covered by inappropriately authorized transactions? Select one: a.
a. Separate authorization and custody over cash
b. Separate custody and recording over cash
c. Separate recording and authorization over cash
d. All of the above would be equally effective in combating the dual threat
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael H. Granof, Saleha B. Khumawala
6th edition
978-1-119-4958, 9781118473047, 1118155971, 1118473043, 978-1118155974
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