Question Completion Status A company's internal control system Eliminates the company's risk of loss Monitors company and employee performance OEliminates human error Eliminates the need for audits Eliminates the need for managers' certification of controls. QUESTION 10 Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's june bank statement shows $18.361 on deposit in the bank. Ryan's comparison of the bank statement to its cash account revealed the following Deposit in transit Outstanding checks 1,450 837 Additionally, a $29 check written and recorded by the company correctly was recorded by the bank as a $92 deduction. The adjusted cash balance per the bank records should be: $18,974 O $18,911 $20,711 $19,037 $16,137