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Q.4 Which of the following is not a common internal control procedure that would be implemented with regards to cash receipts? Multiple Choice Preparing a

Q.4

Which of the following is not a common internal control procedure that would be implemented with regards to cash receipts?

Multiple Choice

  • Preparing a record of all cash collections immediately upon receipt

  • Depositing cash receipts in a bank on a timely basis

  • Providing copies of written receipts to customers

  • Marking supporting documents Paid when checks are signed

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