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The receptionist opens the mail and restrictively endorses any checks received from customers. The accounts receivable clerk records all customer payments in the customer account

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The receptionist opens the mail and restrictively endorses any checks received from customers. The accounts receivable clerk records all customer payments in the customer account and makes the deposit. The accountant reconciles the bank account. This is an example of: Maintenance of adequate records Divided responsibility for related transactions Independent internal verification O Applied technological controls

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