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Identify each of the following statements as either true or false. a. Good internal control is to have only one employee be assigned the task
Identify each of the following statements as either true or false. a. Good internal control is to have only one employee be assigned the task of opening mail. b. A guideline for safeguarding cash is to require all payments be made in cash. Fa c. Separation of duties eliminates the possibility of collusion to steal an asset and hide the theft from the records. d. Good internal control for cash is to require all cash payments be made by check. An exception is small payments made from petty cash Tri
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