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Question 1 (1 point) For efficiency of operations and better control over all cash activities, a company should maintain only one bank account. True O
Question 1 (1 point) For efficiency of operations and better control over all cash activities, a company should maintain only one bank account. True O False Question 2 (1 point) A deposit in transit is a deposit which has been recorded in the companys books but NOT yet recorded by the bank. True False Question 3 (1 point) The increased use of debit and credit cards improves a companys internal control. True False
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