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Identify each of the following statements as either true or false. a. A guideline for safeguarding cash is to separate the duties of those who

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Identify each of the following statements as either true or false. a. A guideline for safeguarding cash is to separate the duties of those who have custody of cash from those who keep cash records b. Good internal control is to have only one employee be assigned the task of opening mail c A voucher system of control improves internal control of cash payments d. A good internal control is to require that all cash receipts be deposited daily

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