An example of an internal control is not:

A.

the use of unnumbered checks.

B.

all checks written must have reference source documents.

C.

the use of bank account.

D.

All of these answers are correct.

The entry to replenish the petty cash fund debited Insurance Expense for postage. This would cause:

A.

Petty Cash to be overstated.

B.

Insurance Expense to be overstated.

C.

Postage Expense to be overstated.

D.

Cash to be understated.

The bank deducted another company's check from our account. This would be included on the bank reconciliation as a(n):

A.

subtraction from the balance per books.

B.

subtraction from the balance per bank.

C.

addition to the balance per bank.

D.

addition to the balance per books.