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Appendix 7A of Chapter 7 discusses controls to safeguard cash. Speak to the importance of internal controls over cash. Name some specific procedures or protocols.
Appendix 7A of Chapter 7 discusses controls to safeguard cash. Speak to the importance of internal controls over cash. Name some specific procedures or protocols. You may discuss the procedures found in the text or other procedures not mentioned, such as segregation of duties or the voucher system for cash disbursements. What have been some of your experiences?
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