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

Identify each of the following statements as either true or false. A basic guideline for safeguarding cash is to separate the duties of those who have custody of cash from those who keep cash records. 2 A petty cash system is not a control procedure for safeguarding cash A basic guideline for safeguarding cash is that all cash receipts be deposited weekly or monthly 4.A voucher system of control is a control system exclusively for cash receipts

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