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QUESTION 9 A good system of internal control will include all of the following except: C preparing a pro forma financial statement on a monthly

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QUESTION 9 A good system of internal control will include all of the following except: C preparing a pro forma financial statement on a monthly basis Cseparating the handling of cash from the maintenance of accounting records C reconciling bank statements with accounting records making all major payments by check QUESTION 10 Efficient management of cash includes which of the following concepts? C prepare a control listing of cash receipts at the time and place the money is rec C pay suppliers in cash out of cash sales receipts before depositing them in the b C pay each bill as soon as the invoice is received C deposit all cash receipts and make all cash disbursements at the end of each w MacBook Air

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