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The following information was taken from the commune Begeing cach batance 5125.000 Cash receipts 120.000 Cash disbursements 170.000 If the company has a policy of
The following information was taken from the commune Begeing cach batance 5125.000 Cash receipts 120.000 Cash disbursements 170.000 If the company has a policy of maintaining an end of the month canh balance of $125.000, the amount the company would have to borrow is 550.000 525.000 $75,000 $36.000 Question 10 3.25 pts From an internal control standpoint, the asset most susceptible to misappropriation (theft) and/or misuse is cash. land. buildings prepaid insurance
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