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please help. not sure what the answer is Which of the following procedures would weaken control over cash receipts that arrive through the mail? O
please help. not sure what the answer is
Which of the following procedures would weaken control over cash receipts that arrive through the mail? O After the mail is opened, a list (in triplicate) of the money received is prepared with a record of the sender's name, the amount, and an explanation of why the money is sent. The bank reconciliation is prepared by a person who handles cash or records cash receipts. For safety, only one person should open the mail, and that person should deposit the cash received in the bank at the end of each month. The cashier deposits the money in the bank and the recordkeeper records the amounts received in the accounting records Step by Step Solution
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