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The owner of details dog wash and spa just hired an office manager to handle all the office functions for him. Among other responsibilities, the
The owner of details dog wash and spa just hired an office manager to handle all the office functions for him. Among other responsibilities, the office manager will handle cute accounting functions such as processing customer payments, writing checks to employees to pay the payroll, handle daily bank deposit at the bank, pay suppliers, and reconcile the company bank account bank reconciliations.
What internal cache control practice is being overbooked by the owner?
a) Separation of cash payment from cash disbursement function
b) Making daily cash deposits
c) frequent preparation of bank reconciliations
d) Ensuring all cash disbursements are tracked by making payments by check
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