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Select the best answer for each of the following situations and give reasons for your choice. LO 10-3 a. Which of the following controls would

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Select the best answer for each of the following situations and give reasons for your choice. LO 10-3 a. Which of the following controls would most likely reduce the risk of diversion of customer receipts by a client's employees? (1) A bank lockbox system. (2) Prenumbered remittance advices. (3) Monthly bank reconciliations. (4) Daily deposit of cash receipts

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