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Identify the internal control procedures applicable to cash disbursements follow cases. 1. 2. 3. 4. 5. Company checks are pre-numbered. Only the treasurer is authorized
Identify the internal control procedures applicable to cash disbursements follow cases. 1. 2. 3. 4. 5. Company checks are pre-numbered. Only the treasurer is authorized to sign checks. All employees are required to take vacations. Blank checks are stored in a locked safe. The bookkeeper, not the treasurer, records cash disbursements. [ C
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