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Grace Jones was just hired as an accounting Intern at your company. The Sarbanes Osey (SOXTA is a key plece of reform inacting diting and

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Grace Jones was just hired as an accounting Intern at your company. The Sarbanes Osey (SOXTA is a key plece of reform inacting diting and accounting in you assist Grace and identity that SOX requires that companies must Muble Choice Conduct customer survey con year to ensure satisfaction with products and services Document internal controls and assess their effoctiveness each year Paytirxos owed to the Internal Revenue Service by the fox filing date Devise a budget och year to ensure cash outflows to not groter than cash flows Following the December bank reconciliation Red Cross Resources Company's accountant made the following entry was puma Accounts Receivable Which of the following is a possible explanation for this journal entry? Mimple Choice A customo's NSF check was returned The collection of an account recevable by Rod oss that is part of a deposit in transit Bank charges owed by Red Cross to the bank Maple Choice A customer NSE check was returned The collection of an account receivablety Red Cross that is part of a depot in transit Bank charges owed by Red Cross to the bank The collection of an account receivable by the bank that has been deposited in Red Cross account Goldman Cookies were reconciliate June bank statement and found that a check outstanding made on June 30 did not on the bank statement w this check outstanding in transit shown on the bank reconciliation Me Choce Subtracted from the custod book Dalance Added to the unadjustod book balance Subtracted from the unadjusted bank balance Added to the unadjusted bank balance Grace Jones washed as an accounting at your company the Sans Only Achig Grace and that soxures that count Mite chose Conduct stomer surveys.ch year to ensure action with products and are Document internal controls and assess the effectiveness each year Paytaxes Owed to the Internal Revenue Service by the tax filing date Devise a budget each year to ensure cash outflows are not greater than cashindows

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