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The following eight functions are to be performed by three clerical employees of a client (organization). You are requested to assign the listed functions to

The following eight functions are to be performed by three clerical employees of a client (organization). You are requested to assign the listed functions to three employees in a manner to achieve the highest degree of internal control. (3 Mark) A. Maintain the General Ledger B. Maintain the Accounts Receivable Ledger C. Maintain the Accounts Payable Ledger D. Prepare Checks for Signature E. Maintain the Cash Disbursement Records F. Issue credits for returns and allowance G. Reconcile bank account H. Handle and deposit cash receipts

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