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M5-4 Matching Cash Receipt Processes to Internal Control Principles [LO 5-2, LO 5-3] Match each of the following cash receipt activities to the internal control
M5-4 Matching Cash Receipt Processes to Internal Control Principles [LO 5-2, LO 5-3] Match each of the following cash receipt activities to the internal control principle to which it best relates Select the appropriate Internal Control Principle from the dropdown listed below Cash Receipt Activities Internal Control Principle 1. A list of checks received in the mail is prepared. 2. Total cash receipts are compared to the amount on the bank deposit slip 3. A password is required to open the cash register. 4. Price changes at the checkout require a manager's approval 5. Cashiers are required to count the cash in their register at the beginning and end of each shift
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