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QUESTION 14 After preparing a bank reconciliation, the collection of a note by the bank on a company's behalf would be recorded with a: Credit
QUESTION 14
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After preparing a bank reconciliation, the collection of a note by the bank on a company's behalf would be recorded with a:
Credit to Notes Receivable.
Credit to Cash.
Debit to Notes Receivable.
Credit to Accounts Receivable.
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QUESTION 17
Allowing only certain individuals to have passwords to conduct online purchases is an example of which preventive control?
Separation of duties.
Physical controls.
E-commerce controls.
Employee management.
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