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D Question 2 1 pts Which one of the following below reflects a strong internal control system? O all employees are not supervised O a
D Question 2 1 pts Which one of the following below reflects a strong internal control system? O all employees are not supervised O a single employee is responsible for ordering and receiving supplies and approving the payment of the invoice O all employees must take their vacations O a single employee is responsible for collecting and recording of cash DE Question 4 1 pts The term cash includes coins, currency (paper money), checks money orders, and money on deposit that is available for unrestricted withdrawal O short-term receivables a and b Question 6 1 pts Journal entries based on the bank reconciliation are required in the depositor's accounts for O outstanding checks O deposits in transit O bank errors O bank service fees Question 7 1 pts Accompanying the bank statement was a debit memorandum for bank service charges. What entry is required in the depositor's accounts? debit Miscellaneous Administrative Expense; credit Cash O debit Cash; credit Other Income O debit Cash; credit Accounts Payable O debit Accounts Payable; credit Cash Question 10 1 pts Cash equivalents include O checks O coins and currency O money market accounts and commercial paper stocks and short-term bonds
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