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An effective system of internal controls for cash includes all of the following except 1) Handling cash is kept separate from recordkeeping of cash. 2)

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An effective system of internal controls for cash includes all of the following except 1) Handling cash is kept separate from recordkeeping of cash. 2) Cash receipts are promptly deposited in a bank 3) Having the same person that signs checks prepare the bank statement reconciliation. 4) Cash disbursements are made by check or electronic funds transter

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